The private markets industry is moving towards a future in which external impact has a dollar value like any other financial line item, said panellists at the Impact Investor Global Summit in London.
Like their global peers, ESG and impact-focused investments have ESG and impact on the mind, according to discussions at the Hong Kong Venture Capital Association’s Greater China Private Equity Summit.
Panellists discussed the feasibility of constructing a portfolio entirely focused on impact at Impact Investor Global Summit last week.
The California pension has been monitoring GPs’ efforts to reduce carbon emission through an annual survey and a colour-coded system to categorise private equity-owned assets.
The investor's climate opportunities programme is headed up by Imraan Mohammed, who spoke at New Private Markets' Impact Investor Global Summit on Tuesday.
(L-R) Rhys Davies, Kirkland & Ellis; Paula Langton, Campbell Lutyens; Peter Cashion, CalPERS; Carlotta Saporito, JPMorgan; Claudia Kruse, APG; Nancy Curtin, ALTi Tiedemann Global
CalPERS has a $100bn allocation to climate solutions – and is looking at its existing investment partners for climate-related opportunities – while APG has a domestic Dutch programme for transitioning local businesses.
While European PE and infrastructure are faring well, appetite for emerging markets has not improved, according to panellists at Impact Investor Global Summit in London.
Carlotta Saporito, JP Morgan Private Bank
Carlotta Saporito, head of impact at JPMorgan Private Bank, reflects on how the impact market has fared over last 12 months and what forces are now driving it forward.
Private wealth, which occupies an increasingly large segment of private markets fundraising, is more inclined to prioritise impact over financial returns, say experts, particularly as the next generation takes over.
Wireless network technology and Connection concept, Network on city background
The Omidyar Network, investing the wealth of eBay founder Pierre Omidyar, is 'aggressively adversarial towards big tech', says Aniyia Williams, a principal on OM's responsible technology team.

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