FMG Leading CEO Dr. Matt Brubaker is featured in a new Wall Street Journal article highlighting the behind-the-scenes philanthropic work being done by many Private Equity firms across America.
New York, NY – May, 2020 – A recent article in The Wall Street Journal (“Private Equity Firms Form Covid Relief Funds”) quotes insights from FMG Leading CEO Dr. Matt Brubaker. The article describes how many middle-market Private Equity executives and their firms are reaching into their own pockets to establish funds intended to assist their portfolio company employees, along with healthcare workers, and the broader communities negatively impacted by the coronavirus pandemic.
“Without fanfare, many (firms) have responded with significant acts of personal generosity, even while their portfolio companies face massive financial challenges,”
— Dr. Brubaker.
The article notes that while many of the larger Private Equity firms are capturing the headlines for their employee-based assistance programs, many middle-market PE firms are providing employee, healthcare, and community support quietly behind-the-scenes, with no request for recognition.
The complete article can be found on The Wall Street Journal here (subscription may be required).
