Snehal Shah
Nearly a third of LPs sent a formal ESG questionnaire in due diligence for GI Partners’ $3.9bn sixth private equity fund, David Smolen, MD and ESG chair at GI Partners, told New Private Markets.
Oaktree accelerates its diversity plans with a new D&I head and a $90m partnership with Apollo and Ares to attract black students.
Financial PR firm Prosek has invested in Blue Dot Capital, allowing the fledgling ESG consultant to expand its team and services.
Summa Equity calculated the financial cost of its portfolio’s CO2 emissions in Swedish kronor and as a percentage of its annual portfolio revenue in its 2020 portfolio report.
Berkeley Energy’s Africa Renewable Energy Fund II has reached first close with DFI funding; the firm will seek private institutional capital to reach its €300m target.
GPs and ESG data - the state of play, Arcano gathers €200m for an impact fund of funds, Advent adopts S&P's ESG solution and more.
Impact can be quantified and linked to investors financial rewards, says Kirkland & Ellis lawyer Amala Ejikeme, but big questions remain about how it could be tied to carried interest.
The International Finance Corporation’s Neil Gregory says investors are coalescing around two similar ways of measuring impact.
Investors discussed the steps they could take to encourage gender diversity within GPs at PEI Media’s Women in Private Markets Networking Day.
More funds are aligning carried interest to impact, Campbell Lutyens partner Paula Langton tells New Private Markets.