07.07.11: PEF announces support to Big Brothers Big Sisters Germany

The Private Equity Foundation (PEF) has announced it will support the expansion of German mentoring charity Big Brothers Big Sisters. This will enable the charity to expand their mentoring for children and young people across Germany. The support over three years provides not only finance, but also capacity building for the organisation. The support was allocated on the completion of an extensive legal, financial and operational due diligence process.

“Big Brothers Big Sisters Germany is an ideal partner for the Private Equity Foundation“, comments PEF CEO Shaks Ghosh. “The mentoring program enables children and young people from socially deprived backgrounds to enjoy learning and fullfil their potential. We want to support the growth of the organisation by providing both a grant and pro-bono advisory support in order to give a chance to more young people to find their way.”

Dr. Claudia Langen, CEO of Big Brothers Big Sisters Germany.

“The grant by PEF makes it possible for us to give educational perspectives to more children and young people through mentoring and to establish our program on a sustainable basis – as a reliable partner for families, volunteering mentors and our local cooperation partners without whom the mentoring program would not be possible”

About Big Brothers Big Sisters

Big Brothers Big Sisters Germany is an independent and charitable organisation providing mentoring programmes for children and youths. Big Brothers Big Sisters started operations in 2007 in the Southern German region Rhein-Neckar. It has now expanded and is operating in six regions: Frankfurt, Essen, Hamburg, Stuttgart and Munich. The mentoring programme is financed by grants from foundations, companies and private donors.

About the Private Equity Foundation

The Private Equity Foundation supports charitable organisations that aim to help young people reach their full potential. Since its foundation in 2006 the foundation has built a portfolio of 18 charitable organisations mainly in the UK. Big Brothers Big Sisters Deutschland is the fourth investment in Germany after the organisations Hamburger Hauptschulmodell, the Munich based Schulprojekt SchlaU and Projektfabrik.

The foundation is based in London and receives financial and advisory support from more than 70 private equity firms. The experience of these partners helps PEF to maximise the social impact of its portfolio charities in order to benefit as many children and young people as possible.

For more information please contact: joe@privateequityfoundation.org