Some of the largest global private equity firms have directed their
resources to provide significant support to COVID-19 affected communities
around the world.
KKR
has created a $50 million global relief fund dedicated to supporting
frontline medical workers, ensuring food security to vulnerable
communities, providing benefits and financial coaching for affected
employees among KKR portfolio companies and assisting small businesses
facing difficulties (Reuters).
Advent
established the Advent Global Relief Fund to
support a number of initiatives to help affected communities around the
globe including delivering urgent food and medical supplies, building new
hospitals and supporting employees of their portfolio companies. You can
read more about specific initiatives here.