Inflexion Foundation donates £2.5m to support coronavirus crisis relief

April 2020

Inflexion Private Equity Partners LLP (“Inflexion”) today announces that The Inflexion Foundation is making urgent donations totalling £2.5 million to help alleviate the impact of the coronavirus outbreak. The current pandemic is both universal and severe and Inflexion recognises the immediate need to support the most vulnerable at this difficult time.

The Foundation has donated £2 million to the National Emergencies Trust to support their Coronavirus Appeal which is raising funds for local charities and grassroots organisations that can provide vital support to people in the quickest way possible. The National Emergencies Trust was founded last year to raise and distribute funds for national emergencies. It collaborates with charities and other bodies to raise and distribute money and support victims at the time of a domestic disaster.

The Foundation has also donated £250,000 to Turn2Us, a national charity helping people when times get tough, providing financial support to help people get back on track. As part of their Coronavirus Appeal, Turn2Us is working hard to provide people who are in critical need with crisis grants to help them make ends meet during this extremely challenging period.

In addition, The Inflexion Foundation will donate £125,000 to both the Roundhouse and The British Exploring Society, two charities with which Inflexion has longstanding relationships, to help support then through this period. The Roundhouse offers transformational creative arts projects to 6,000 young people every year, over 50% of whom are from the most disadvantaged areas of the UK. The British Exploring Society is a youth development charity helping to transform lives through challenging experiences in wilderness environments.

This is an unsettling and challenging time for all of us but it is clear the impacts from this pandemic will fall especially hard on the most vulnerable in our society. Charitable giving has long been a central part of Inflexion’s ethos and we are pleased that our Foundation is able to make a difference and support those in need at this difficult time. We are also pleased to continue our support for our longstanding charitable partners who do vital work with young people and will face their own challenges as a result of this crisis.

John Hartz and Simon Turner,

Managing Partners, Inflexion

The coronavirus outbreak has left many people suffering, not just physically due to ill health, but also economically and socially. Workers are struggling to make ends meet, small, local businesses are closing their doors, and social distancing and self-isolation means people aren’t able to visit vulnerable loved ones. We are working collaboratively with a wide range of organisations to ensure the maximum amount of money is raised and distributed securely, effectively, and fairly to those organisations and local charities who can do most to help those in need. We are grateful for the leadership shown by the Inflexion Foundation in their generous donation and will ensure their donation goes to those who need it the most.

John Herriman,

Chief Executive, National Emergencies Trust

We are humbled by the generosity of the Inflexion Foundation and the team’s desire to help, during a time when so many people are losing their livelihoods. With this donation, we can provide hundreds of crisis grants so people affected by the coronavirus pandemic are still able to put food on the table and avoid spiralling into the debt trap.

Thomas Lawson,

Chief Executive, Turn2us

The Inflexion Foundation was launched in 2018 and in an industry first will receive distributions equal to 1% of future Inflexion funds’ profits.

Contact

Sarah Gestetner

Partner

T. +44 (0)20 7487 9820

E. sarah.gestetner@inflexion.com