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.
GP-leds are of particular interest to the mainstream secondaries players, Tom Jorgensen, a managing director at North Sky Capital, said in a video interview at the Impact Investor Global Summit.
Staking a portion of carried interest on impact performance is still a minority pursuit for GPs, but the arrival of two influential names may cause more managers to have the conversation.
Investors will overlook underdeveloped assessment frameworks if managers show how they will create change, say panellists at Impact Investor Global Summit.
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.
The cast of characters at this year's Impact Investor Global Summit tells a positive story about how institutional investors are thinking about impact.