Private equity groups to launch charity foundation - Sunday Times - Times Online

Private equity groups to launch charity foundation - Sunday Times - Times Online: "Private equity groups to launch charity foundation
Jenny Davey
THE world’s biggest private equity firms are joining forces to create a pan-European charitable foundation as part of a drive to counter criticism about excessive pay.

KKR, Blackstone, Texas Pacific Group, Bain Capital and Permira are among the eight founding trustees on the committee of the new Private Equity Foundation, which is expected to be formally launched during the next few weeks at a gala dinner in London. The other members of the steering committee are Candover, Summit and TowerBroo"