Snehal Shah

The SFDR’s second phase – which will provide more detailed requirements for managers of ‘sustainable’ funds – will come into force on 1 July 2022.

The net zero asset managers initiative, which sees asset managers commit to carbon neutrality across their portfolios by 2050, has 41 new signatories. There was a 'marked uptick' in Asian managers joining, says the initiative.

The $45.2bn foundation's decarbonisation efforts are likely to focus on private equity holdings and it will consider divesting from oil and gas assets, chief investment officer Nick Moakes tells New Private Markets.

The $21.7bn French asset manager has hired Rothschild & Co’s former managing director Marc Romano.

The $40.5bn superannuation fund allocates more than a quarter of its assets to private markets.

Public pensions are among the most active backers of large-scale impact funds; but they aren’t in it for warm fuzzy feelings: analysis and downloadable data about the LPs behind the Impact 20.

Dutch bank ABN AMRO has €450m to make direct impact investments; it has no plans to raise third party capital and will reinvest proceeds.

Pension fund Clwyd already has a 4% target allocation to private markets impact investment; it is now prioritising impact with the rest of its private markets portfolio.

Swedish private equity firm EQT appoints Bahare Haghshenas to its extended executive committee as global head of sustainable transformation and Sophie Walker as private capital head of sustainability – both newly created roles – doubling its sustainability team from two to four members.

A dedicated impact fund could inhibit Advent’s efforts to prioritise sustainability across its entire portfolio, says James Brocklebank, a managing partner at Advent International.