Issue 6 November 2008
Welcome to our November newsletter which brings you up to date on the Private Equity Foundation’s work . If you have any comments or questions about anything in this newsletter, or would like to get involved in our work please contact us.
Day of Community Engagement
On 10 October 2008, over 80 volunteers from the private equity industry assembled in Newham, one of the most deprived boroughs in London, to add the finishing touches to a new community centre they helped fund through the Private Equity Foundation (PEF). The day culminated in a visit from the Mayor of London, Boris Johnson, who officially opened the Rokeby Community Links Centre.
Volunteers from Apax Partners Worldwide LLP, Bain Capital, Cinven Limited, Doughty Hanson & Co. Ltd, Ernst & Young, GSC Group, Intermediate Capital Group PLC, Kirkland & Ellis International LLP, Permira Advisers LLP, Silver Lake, Summit Partners, TPG Capital LLP and Weil, Gotshal & Manges rolled up their sleeves to get involved in tasks ranging from gardening and painting to building a challenge course and play house.
PEF funding helps the Place2Be take their work to 46,000 children
The Place2Be works inside primary schools to improve the mental health of children and their families and was working with 37,000 children in 112 schools across 12 Local Authority ‘hubs’ when PEF first supported the charity in 2007. PEF funded the development of three new Local Authority ‘hubs’, along with the building of internal capacity at the charity to enable further expansion. This programme has been successfully achieved and The Place2Be now works with 46,000 children in 146 schools across 16 hubs.
