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.
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.