Snehal Shah

$1bn foundation has a $100m target allocation to social impact investing and hopes its new director ‘will increase Surdna’s finance and investment capacity’.

The asset manager has raised $148m for its second impact fund, launched in April this year with a $400m target.

Investors will be able to compare the impact performances of IRIS+ users with other GPs and the wider market, GIIN founder Amit Bouri tells New Private Markets.

Lazard Asset Management is turning GP with plans to launch a sustainable infrastructure fund management strategy next year.

The UK financial regulator is 'calling out' managers of retail funds on ESG claims.

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.

UK pension partnership selected managers who ‘showed awareness’ of portfolio companies’ alignment to the Paris Agreement

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.