Hurdles on grey background
Greater Manchester is addressing concerns around impact measurement and publicity for its local impact allocation, while Alaska halts in-state private equity programme.
'What happens if one of the managers decides to lay off 10% of staff of one of their investments? Can you imagine the headlines and pressure on us to step in and prevent that from happening,' says one board member.
Russell has been an influential voice in ESG during his tenure at the UK pensions giant.
Goldman Sachs manages Apple’s first Restore Fund, launched in 2021 with a $200m commitment.
New York skyline
NYC's public pension plans will engage with private markets managers about excluding certain types of investment.
Caution cone
Investors 'continue to be cautious about valuations' for later-stage buyouts, which is affecting impact firms in this segment of the market, says Cambridge Associates' Tom Mitchell.
New Private Markets is being enhanced with data tracking funds, managers and limited partners in sustainable funds.
Nick Abel, CalSTRS
Investing in climate involves working with emerging teams. Nick Abel, a CalSTRS portfolio manager and speaker at the upcoming New Private Markets Impact Investor Global Summit, explains how his team balances risk and return in the pensions’ sustainable investments portfolio.
The Net Zero Asset Owners Alliance members – including CDPQ, Allianz and CalPERS – are warned that fossil fuel infrastructure will ‘likely become stranded in a 1.5C-aligned transition’.
Canadian dollars in green envelope
The Canadian pension says it is 'too soon' to say how the investments will be spread across asset classes.
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