Private equity firms pay for Covid-19 tests and taxis to bring staff back to work (FT)
The world's largest private equity firms have introduced coronavirus testing for staff and are paying for taxis to the office.
Blackstone and Advent International, two prominent private equity firms with offices in NYC, will pay for their employees testing and taxis (read: Uber, Lyft and private car service). In fact, Blackstone, which currently manages $564 billion, said it will pay for employees worldwide to commute by taxi. The company will also require staff to test negativ…
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