While LPs are 'not leaving' impact, investors have limited capital to deploy into the market, which is heavily dominated by emerging managers, a secondaries buyer said at PEI Group’s New Private Markets Investor Summit.
The first cohort comprises 60 mentor-mentee pairings.
A US impact fund refuses to change strategies and engages lawyers after losing deals with the Commerce Department and the SBA, according to a panellist at New Private Markets' Investor Summit in New York City.
Joohee Rand calls for investors and fund managers "to get better alignment on impact" and urges LPs to learn more about industry practices to avoid a rise in misleading claims.
The firm has joined forces with Van Lanschot Kempen Investment Management and is targeting €500m.
Investors recognise employee ownership is the 'next frontier in private markets', but the sector must overcome obstacles to rise above a niche strategy, according to Chavon Sutton.
After an era of exuberance, expansion and ‘rockstar’ roles, sustainability in private markets is being more closely tethered to value creation.
This week's instalment of Private Markets 2030 focuses on industry consolidation among managers.
Ben Luckett set up Aviva's VC platform in July 2015 and has led it since then as managing director of venture and strategic capital. He recently discussed the strategy, including its climate focus, with affiliate title Venture Capital Journal.
The firm raised just over half of its €1bn target, according to its quarterly results.