Charities Find Unlikely New Champion in Private Equity
The slash and burn culture of private equity seems ill-suited to the warm and well-meaning charity sector. But perhaps that is just what the latter needs.
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August 29, 2009, Telegraph — An emerging model, known as venture philanthropy, aims to boost the productivity of an often bloated and inefficient third sector, using venture capital techniques of due diligence, ongoing engagement and rigorous performance measurement.