Carlo U. Bonomi, senior principal of Investindustrial, and Nikos Stathopoulos, managing partner of BC Partners, have joined the board of the Private Equity Foundation, a venture philanthropy fund which donates money and support to charities helping disadvantaged children and young people.
With over 25 years in private equity between them, the new trustees will bring further business experience to PEF’s portfolio of charities.
Having founded Investindustrial, a Southern European private equity group, nearly 15 years ago, Bonomi (pictured) sits on the boards of sport motorcycle manufacturer, Ducati, helicopter service provider, Inaer, and antivirus software company, Panda Security. In addition, he is founder and chairman of the Invest for Children Foundation, which helps disabled children and young adults achieve a better quality of life, a Patron of Project Aura, which integrates people with special needs into the job market in Spain, and is a director of the European Venture Philanthropy Association.
Stathopoulos joined BC Partners in 2005 and has led a variety of private equity investments across Europe. Nikos is currently on the board of Migros Turk, a Turkish supermarket chain, and Regency Entertainment, a hotel and casino operator in Greece. Previously a partner at Apax Partners for seven years and at the Boston Consulting Group for three years, Stathopoulos holds an MBA from Harvard University and is a member of the Harvard Business School European Leadership Council and of the EVCA buyout committee.
Shaks Ghosh, chief executive of the Private Equity Foundation, says: ‘PEF has created a portfolio of 15 charities in just three years and as each of our Trustees takes responsibility for overseeing a charity’s progress and develops a long term partnership with them, we needed to expand our board.
‘We are delighted to welcome Carlo and Nikos and hope they will enjoy getting ‘hands on’ with PEF’s work. Alongside our existing trustees and supporters, they offer the sort of expertise which money just can’t buy and, with young people bearing the brunt of the recession and our charities operating at the ‘coal face’, their input is particularly invaluable. The need for the private equity community’s support is now greater than ever and we look forward to building on the number of firms who would like to be involved in the coming months.’