The Manchester private equity community has raised a total of £90,000 to support the families and loved ones of the victims of the Manchester Arena attack.
The shocking events on Monday night spurred local firms into action and in just a few days 18 private equity firms based in the city came together to make this joint contribution. The money will be transferred to the BVCA which will make the donation to the We Love Manchester Emergency Fund, set up by Manchester City Council in partnership with the British Red Cross.
Richard Young, BVCA Director of Manchester, said: “As people who work in Manchester, with families of our own, we were all shocked by this terrible attack on innocent people. It has been heartening to see people come together in support of those affected. The private equity community is pleased to be able to play our part in offering support to the victims and their families.”
Mark Payton, CEO of Mercia Technologies PLC, which wholly owns Enterprise Ventures, said:”We are deeply saddened by the events of the 22nd May. Our thoughts are with everyone who has been caught up in this atrocity.”