Faced with a paucity of scalable impact opportunities, investors like Hesta, Glenmede and PGGM are working out their own way of achieving impact goals, according to research from placement agent Campbell Lutyens.
LGPS Central, the £45bn partnership for eight UK public pension funds, is growing its responsible investment team from four to six and planning a ‘range of fund launches for this financial year across numerous asset classes’.
Asset manager M&G is in the market for a private credit impact director to join Catalyst, its £5bn private markets impact fund launched in February 2021.
Of GPs, 62% say they have declined an investment in the past year due to ESG factors, compared to 55% the year before, according to Investec’s survey of private equity managers.
Former Fried Frank associate Mary Beth Houlihan is the latest partner to join global private equity law firm Kirkland & Ellis’s ESG & Impact practice group.
Limited partners – particularly in Europe – are asking for 'opt-out' options in side letters, finds placement agent Capstone in its survey of investors.
Private debt manager Oaktree’s newly announced head of ESG talks to New Private Markets about the firm’s strategy-specific ESG policies, the challenge of quantifying non-financial factors and its limited influence as a private debt investor.