GERMANY - BVK announces PR initiative

A collection of private equity heavyweights, alongside the BVK, have announced an initiative designed to explain the benefits of private equity to a wider stakeholder base. The Large Buyout Group will commission indepedent reports on the economic impact of private equity and will provide raw data about their investments in Germany. The Large Buyout Group comprises Blackstone, Allianz Capital Partners, Apax Partners, Advent International, Bain Capital, BC Partners, CVC, KKR, Permira and TPG.