Private Equity Charitable Contributions
Private Equity Charitable Contributions
Private Equity in 2009′s Top 60 Charitable Contributions
For all the bad press private equity receives (still not as much as hedge funds) it’s nice to note the positive coverage. Several names from private equity made it into Slate’s list of the Largest American Charitable Contributions of 2009.
Mark Yusko, CEO of Morgan Creek Capital Management, ranked #28 by giving $36 million to Notre Dame. A retired buyout professional, B. Charles Ames, follows at #36 by donating $25 million to Illinois Wesleyan University. David Rubenstein of Carlyle Group also made it on the list at #52 by donating almost $16 million to the renowned Lincoln Center for Performing Arts in Manhattan.
It’s really inspiring to see these buyout executives give back so generously. To read the full list of donors (including other noted financial pro’s like George Soros) visit Slate here.
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