Six limited partners in private markets funds describe their sustainability 'bugbears': what GPs can say or do that dissuades them from committing capital.
After two years, PRI signatories will again report on their responsible investment practices and receive scores of up to five stars. The new questionnaire is ‘more aligned’ to the TCFD and other bodies, but still focuses on practices and policies over outputs.
A carbon credit with inherently questionable value is no good for the climate or the sector but it’s also no good to throw the baby out with the bathwater.
Many LPs are focusing on re-ups with existing relationships due to the current economic landscape. LPs with dedicated programmes may serve as a valuable lifeline for emerging and diverse-owned managers.
Bay Bridge Ventures has recruited three climate technology ‘strategic advisers’: Baruch Future Ventures’ Tom Baruch, Material Impact’s Carmichael Roberts and Google’s Prem Ramaswami.
The firm, called Follett Parker, aims 'to advise businesses to hire through a considered lens, outside of the conventional modus operandi of recruitment,' the founder says.