CalSTRS’ ‘long debate’ with ESG laggards The $283.4 billion California State Teachers’ Retirement System is by all accounts a progressive pension when it comes to sustainability. This month it agreed to invest $150 million per year in sustainable private equity co-investments to focus on “low carbon solutions” to the climate crisis (details here). It’s significant, […]
Building back better requires more than just capital; it requires social change and good governance, write Joe Baratta, global head of private equity, and Kathleen McCarthy, global co-head of real estate, at Blackstone.
The racial justice protests that swept the country last year in the wake of the death of George Floyd at the hands of Minneapolis police spurred a widespread re-examination of the role of law enforcement in society and how it affects the day-to-day lives of African Americans – and a renewed focus on the racial […]
More than 500 attendees gathered virtually for our flagship diversity event last week gaining insight into topics ranging from progress on D&I issues and creating an impact to trends shaping the infrastructure industry. Here are some key highlights.