The £22bn pension is meeting its 5% local impact target with low-return venture investments and affordable buy-to-rent homes.
Connecticut State Treasurer Shawn Wooden says European regulatory constraints around diversity data present a challenge when it comes to deploying capital in the region, as New Private Markets investigates a ‘clerical error’ relating to a prominent GP.
Virescent Ventures – 70% owned by CEFC executives – now manages CEFC’s A$200m venture allocation and is fundraising another A$200m.
Canada’s largest pension has set a net zero by 2050 target – and will support its assets to decarbonise and rely on a whole-economy transition to carbon neutrality to achieve this, CPP’s chief sustainability officer Deborah Orida tells New Private Markets.
Sampension’s head of ESG, Jacob Ehlerth Jørgensen, says ‘managers [of unlisted funds] must ensure their investments contribute to the green transition’.
The Clean Energy Finance Corporation and superannuation funds HESTA and Legal Super have invested in the Australia-focused growth equity vehicle.
USS has put private markets at the heart of its net-zero ambitions as it sets interim decarbonisation targets.
Managers of private debt funds are following the broadly syndicated market in their embrace of sustainability-linked loans. Credibility is on the line.
Florida Retirement System has previously invested in TPG Rise Funds and Summa’s second fund.
‘Big asset managers have the managerial bandwidth to make an impact on portfolio companies and their supply chains. There are no excuses,' says Fabio Ranghino, IIGCC’s private equity working group co-lead.
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