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Inaugural FT triathlon sees City fundraisers raise more than £100k for UK’s disadvantaged children

Sep 24th 2014
Mergermarket Group Sprint participants start swimming
Mergermarket Group Sprint participants start swimming

The first FT triathlon for the private equity, venture capital and professional services industries has outstripped its target, raising more than £100k for disadvantaged children across the UK.

The Financial Times Triathlon was held in support of Impetus - The Private Equity Foundation (Impetus-PEF) and its portfolio of 27 UK charities that work to help kids thrive in education and employment.

More than 300 people from firms across the sector - including CVC Capital Partners, Apax Partners, Calculus Capital, TPG Capital and Simpson Thacher & Bartlett LLP - competed at Dorney Lake in Berkshire last Saturday( Sept 19th), the site of the London 2012 Olympics. More than £75k had been raised by the end of the first race alone, according to organisers Human Race. The triathlon included both corporate teams and individual races.

François Aguerre, a partner at liquidity solutions firm Coller Capital, said the family -friendly event gave him the opportunity to “find my limit, and push it further.”

Impetus-PEF CEO Daniela Barone Soares said: “I am delighted that being the official charity partner for the first FT Triathlon has meant we benefit from the support of the private equity, venture capital and the broader corporate sector. A great day was had by all – and I am proud to say that we have exceeded our fundraising target of £100,000 and hopefully this figure continues to grow as individuals continue to raise funds.”

She added: “All this will enable Impetus-PEF to ensure that children and young people from disadvantaged backgrounds get the support they need to lead fulfilling lives. I look forward to next year’s event already!”

Are you a City worker organising a sporting event to raise money for a cause? Tell us your story! Email editor@cityphilanthropy.org.uk or tweet us at @PhilanthroCity

 

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