Financial benchmarks are the 'primary way' LPs define success but they often fail to account for externalities, said ex-KIC CIO Scott Kalb.
The Investi Fund, which has a C$1bn target, has received expressions of interest from 10 Canadian investors.
ISIF has committed to two funds managed by Energy Impact Partners, which will use the capital to develop Irish tech companies.
Though widely dubbed ‘anti-ESG’, Florida’s House Bill 3 may actually reinforce the importance of ESG in financial considerations.
(L-R) Jonny Page, Esmee Fairbairn Foundation; Tehmina Haider, L Catterton; Pia Irell, Trill Impact; Toby Mitchenall, New Private Markets
Linking impact or ESG to financial incentives was a big topic at the Impact Investor Global Summit; it is an 'imperative for the industry' that requires investors and managers to adopt an experimental mindset.
The rising costs of ESG reporting will inevitably be passed over to LPs, Golding Capital Partners' Andreas Nilsson said in a video interview at the Impact Investor Global Summit.
Investors will overlook underdeveloped assessment frameworks if managers show how they will create change, say panellists at Impact Investor Global Summit.
Diane Mak, Allianze Global Investors
Diane Mak, head of impact measurement and management, said linking impact performance to financial incentives ensures a 'higher level of transparency and clarity', in a video interview at the Impact Investor Global Summit.
Impact Investor Global Summit
Dutch pension investor PGGM has one Article 9 fund in its private equity portfolio.
The pension has also published its ESG-related divestment guidelines for public markets assets.

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