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The technology and expertise exist to communicate non-financial KPIs to LPs with regularity, but don’t expect it to happen any time soon.
Greenspring Associates joins CalPERS and NY Common in using software developed by Lenox Park Solutions to measure diversity of fund managers and portfolio companies.
Fund managers expect standardisation to be a few years away, but they’re worried about being accused of greenwashing in the meantime, an Intertrust survey suggests.
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