Charity dinner secures Justin King as guest speaker

Jewish charity Norwood, which supports vulnerable children, families and people with learning disabilities, has teamed up with Investec for its annual private equity fundraising dinner.

Justin King, head of portfolio businesses at Terra Firma and the former chief executive of UK supermarket chain J Sainsbury, has been confirmed as the guest speaker at Jewish charity Norwood’s annual private equity dinner this summer.

The charity has also secured Investec Private Banking as a strategic partner for the event, the Norwood Investec Private Equity Dinner, which will be held on 6 June at the Rosewood London Hotel.

The dinner is expected to raise more than £150,000 (€192,000; $212,000) from the private equity community for the charity, which supports vulnerable children and their families, children with special educational needs and people with learning disabilities.

King, who was CEO of J Sainsbury from 2004 to 2014 and is credited with turning the retailer around, was appointed vice chairman and head of portfolio businesses at Terra Firma last September, taking a share in the firm which previously was wholly owned by founder Guy Hands.

At the time Hands said the decision to share ownership was not part of a succession plan, but rather a move to take Terra Firma “to the next level”.

“While I’ve only recently joined the private equity industry, it is clear that this is a sector which takes community responsibility and philanthropy very seriously,” King said in a statement announcing the dinner.

“It is great that we are able to support a charity such as Norwood which does such valuable work with the young and vulnerable in our society.”

Firms set to attend this year include Advent International, HIG Capital and Lyceum Capital.

Last year the dinner attracted more than 300 guests from more than 100 companies, including small, medium and large private equity funds, members of the LP community, management teams and advisors. Risk Capital Partners chairman Luke Johnson was the event’s key note guest, in conversation with Tim Hames, director of the British Private Equity and Venture Capital Association.

More than £130,000 was raised through table sales, donations at the event, a raffle and an auction, which included items such as X Factor final tickets, a group day out cycling with an Olympic gold medallist and a signed Chelsea shirt.