Permira

Following our second round of social impact investments this year at the Permira Foundation, we are delighted to welcome 11 charities to our Foundation portfolio. These charities will join the existing portfolio of 24 nonprofits from across US, Europe and Asia; all leading deeply inspiring work in the fields of accessing education, employment and promoting good physical and mental wellbeing. To all our strategic partners, we offer a combination of unrestricted grant funding and the expertise of Permira people in working with market leading companies and management teams, in service of their mission and impact for our local communities. Across this latest cohort, our support will help our partners to build organisational resilience, enable digital transformation, and accelerate their growth and scaling ambitions. Learn more about the organisations entering our portfolio: RUN Hong Kong, AllChild (Formerly West London Zone), Place2Be, BEAM Foundation, Fundacion Balia por la Infancia, Off Road Kids Stiftung, Food for Soul, Minds Matter Bay Area (MMBay), Point Foundation, Upwardly Global and the The Junior League of Tampa. We are so excited to support these sector-leading organisations on their journey to greater social impact.

As cyberattacks increase worldwide, a secure #cybersecurity landscape has become even more critical. Here, Michail Zekkos and Ryan Lanpher, Co-Heads of Technology at Permira, and Stefan Dziarski, Co-Head of Permira Growth Opportunities, discuss the changing cyber landscape and what Permira Fund portfolio companies like BioCatch, Exclusive Networks, Mimecast, McAfee, and Sysdig are doing to address threat vectors and protect customers from attackers. This Cybersecurity Awareness Month, we’re recognising the crucial role our portfolio companies play in safeguarding the digital world. Learn more: https://lnkd.in/eY9mMdJ6

Congratulations to Claire Harwood on being named to Private Debt Investor's Women of Influence in Private Markets list! As Co-Head of our Direct Lending Investment team, Claire leads the origination and execution of new investment opportunities for Permira Credit's direct lending funds. Beyond her investment role, Claire is also recognised for spearheading Permira's Women's Network and organising impactful initiatives. In 2023, Claire organised a breakfast event for SmartWorks, a charity supporting women re-entering the workforce.   See the full list: https://lnkd.in/eWiBCUuD

To honour International Charity Day last month, teams in our London office got stuck into sports fundraisers, in support of two of the Permira Foundation's Strategic Partners, who work to support vulnerable individuals within our local communities. Gabriel Andrews led our first group to kayak the 12.5 miles from Battersea to Greenwich down the River Thames in support of the The Change Foundation UK who use sport to transform the lives of marginalised young people. David Hirschmann, Robin Bell Jones and a team of Permira cyclists then tackled the 55-mile London to Brighton bike ride for City Harvest London; a food redistribution charity tackling hunger in the capital. A total of nearly £20k was raised across both events. Well done and thank you to everyone that got involved!

Our ESG team, supported by Euan Long, co-led the launch of the PESMIT playbook at this year's Climate Week NYC. As a member of the Private Equity Taskforce of the Sustainable Markets Initiative, Permira is committed to driving progress towards a more sustainable future. Kurt Björklund, Executive Chairman at Permira said: "Our business is delivering long term value to our investors. In the transition to a low carbon economy, quantifying climate risks and opportunities helps us focus on what really matters. This publication offers practical considerations for private equity firms."   Check out the playbook to learn more about how we're contributing to a sustainable future. #ClimateWeekNYC #PESMIT #SustainableInvestments

Excited to share that our investment in PharmaCord, a leading #patientservices company, has closed. PharmaCord aims to enhance the patient experience with comprehensive solutions to support the patient journey for specialty medications. The investment from the Permira funds will enable the company to accelerate its technology roadmap and expand into additional commercialization service lines for its #lifesciences clients. We look forward to supporting Nitin Sahney and the PharmaCord team through their next phase of growth! Read more: https://lnkd.in/g8K_VUDb

#AI is simplifying shopping and selling. In our ongoing AI in the portfolio series, Ireneusz Gawlik, Director of Machine Learning Research at Allegro, shares how access to Permira’s AI community has helped to improve Allegro’s search capabilities and empower its customer service specialists. Learn more: https://lnkd.in/et9qh2vM

The Permira Credit funds are committed to considering #ESG risks as relevant and/or material throughout the investment process. Our ESG approach is tailored based on the strategy and risk profile of the investment, and spans screening, entry and ongoing stewardship. Learn about our 2023 highlights in portfolio company and key stakeholder engagement: https://lnkd.in/gji-ubHx

A big thank you to all those who attended Permira's Global Fund & Corporate Services Sector Dinner in London on Monday 16th September. The event brought together a global diverse group of industry leaders, including executives and founders of fund admin and corporate services providers, tech players and alternative platforms. The group discussed a range of topics such as the future role of technology, industry consolidation and the democratisation of private markets. We look forward to continuing the dialogue on these and other important topics!

New transaction: we’re pleased to announce that Permira Growth Opportunities has led a $140M Series C growth investment in Hotel Engine, a leader in travel technology solutions for business travel. Based in Denver, Hotel Engine is the go-to option for business travellers due to its industry-leading technology, innovative features, and robust network of more than 750,000 hotels, 300 airlines, and 40 rental car companies. The Permira investment will support ongoing product development, including the launch of flight and rental car bookings within Hotel Engine’s platform. We look forward to supporting the Hotel Engine team during this next phase! Learn more: https://lnkd.in/e94nrhWt