Private Equity for Puerto Rico, formed by a group of leading private equity firms, including Clearlake Capital Group, Valor Equity Partners, StepStone Group, Palladium Equity Partners, LLC and MoonSail Capital, LLC, announced an effort to raise significant funds from the private equity and financial communities to aid victims of Hurricane María in Puerto Rico.
Puerto Rico has been living through a storm for the past 12 years, and as with every storm, it has experienced different levels of intensity. But the current circumstances have to be handled quickly to be able to build the Puerto Rico that is needed, said José Rafael Fernández, CEO of Oriental Financial Group.
Atlas Oil Company, a Michigan-based company specializing in emergency fueling, deployed 19 trucks for a 30-60 day operation to Puerto Rico to support the Department of Defense through its partner Foster Fuels, the company announced.
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