Analysis
The sun pounded the private equity runners as their feet pounded the pavement for 26.2 miles from the town of Marathon to the centre of Athens yesterday. The Marathon of Marathons brought together 250 industry professionals to run the original route.
The race was not an easy one - the first 20 miles were uphill, with one small decline the only noticeable relief. The sun was also on the course the entire time, with the sweltering heat a constant reminder why this race is deemed the hardest of the world's famous marathons.
Mercifully, the course proved more forgiving towards the end and offered a gentle decline for the last 6 miles - by which time many runners had succumbed to walking.
This Herculean effort (which has left most participants sunburnt and limping) has a softer side, namely fundraising for ten children's charities globally. The runners have raised €1.4m already and are looking to increase this to €2.5m.
Firms already supporting the cause and claiming bragging rights to running medals include 3i, Adams Street, Apax, Arcus, Bridgepoint, Campbell Lutyens, Capital Dynamics, Capvis, Coller, Ernst & Young, Lazard, Meridiam, Pantheon, Partners Group, PEI, Pomona, and Platina.
There is still time to get involved - and the great news is that by committing now, you run no risk of being asked to do a marathon...
A Supporters Club is open to non-running firms. To join, a minimum donation of €2,500 is asked, with Abraaj, Barings Asia, Bowmark, Cinven, Factset, HgCapital, Milestone Capital and Permira all vying to become the highest supporter in the Club. To learn more about the event or to become a member of the Supporters Club, please go to www.marathonofmarathons.org
Your comment will be moderated before publication.
search unquote.com
Industry news
Bridgepoint is reviewing options for its German vitamins and generic prescription drugs portfolio company Aenova, the GP has confirmed.
The Carlyle Group has provided $100m in growth capital to US video provider Avail-TVN to acquire UK-based On Demand Group.
Chequers Capital has abandoned plans to bid for French publishing house Flammarion, according to French daily Les Echos.
CVC Capital Partners has sold a $1.6bn stake in Formula 1 Group to BlackRock, Waddell & Reed and Norges Bank Investment Management prior to the company's IPO, according to reports.
More from unquote
Latest Analysis
Event
Updating your subscription status
Digital Editions
Events
Visitor Comments