Of the $424m MassPRIM committed to diverse managers last year, $158m went to four managers of venture capital and/or growth funds.
Bhavika Vyas, Chandra Gopinathan, Julia Jaskolska
Six limited partners in private markets funds describe their sustainability 'bugbears': what GPs can say or do that dissuades them from committing capital.
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.
VC under a magnifying glass
LPs including AP6, Hamilton Lane and Harvard tell the Principles for Responsible Investment they are looking more carefully at how general partners manage ESG risks internally and within their portfolio companies.
A handful of asset owners are blurring the lines of traditional asset classes for climate opportunities.
Narina Mnatsakanian previously led investing from wealth manager Kempen’s impact pool.
Two consultants strike a partnership to raise €150m for specialist impact fund commitments – joining a growing number of impact fund-of-funds.
Peter Cashion will lead CalPERS’ stewardship and net-zero implementation and ‘develop new investment strategies’.
The Science-Based Targets initiative is Wellcome's 'preferred verification initiative', it wrote in its annual report.
Maine Public Employees Retirement System is considering the best way of cutting its private markets exposure to fossil fuels.
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