public policy

With fundraising in the doldrums and US LPs backing away, impact-focused GPs must look elsewhere for capital.

Companies are staying private for longer, but our economies need fully functioning and vibrant public markets as well.

Thanks to the evolution of a robust private market ecosystem that includes private credit, secondaries and unprecedented amounts of capital, companies are growing bigger and staying private for longer than ever before. Nevertheless, the dream to go public is still very much alive.

As anti-ESG rhetoric in the US intensifies, private markets players appear to be dialling down their messaging, but not their actions.

After an era of exuberance, expansion and ‘rockstar’ roles, sustainability in private markets is being more closely tethered to value creation.

The head of an energy-focused venture firm, whose family office has shifted into renewable technologies, mulls the fraught sustainable investing environment in US.

L&G has committed £2bn to UK impact as part of the Sterling 20 initiative.

While governments offer modest emissions pledges, real energy transition momentum comes from investors leveraging cheaper technology and long-standing policies.

Investing in socially useful assets means little if they are over-leveraged and under-managed at the fund level, writes Newcore Capital CEO Hugo Llewelyn.

The pool of investor capital with an interest in impact has grown, which has 'increased efficiency from an execution standpoint', says Rise Fund managing partner Maya Chorengel.