ESG

The $286bn pension will source private equity co-investments through its already-existing programme.

The alternatives giant had said in January it would focus more effort on governance and reputational risk.

Sophisticated LPs have been aligning themselves with sector-specialist GPs in recent years, and this pair's $500m partnership is a milestone deal.

More than half of UK and continental investment teams were all-white last year and 12% featured no women, according to analysis by the two organisations.

Industry-wide ESG data standards are the key challenge facing sustainability in private equity markets, asset managers said at PEI's virtual conference last week.

Our Game Changer of the Year award goes to Pete Stavros, partner and co-head of Americas private equity at KKR, who is honing an investment approach that could reframe the whole conversation.

Digitalisation provided an operational advantage during the pandemic, and can be further harnessed to advance ESG, say Triton managing partners Peder Prahl and Martin Huth.

Managers need to develop a clear long-term value narrative and embed it throughout their portfolio, say EY's Andres Saenz and Simon Abrams.

Technology is opening up new opportunities for emerging markets investors in sectors such as healthcare, say Gulf Capital’s Dr Karim El Solh, Hazem Abu Khalaf and Alvaro Abella.

The investments will be sourced through the $283bn pension's private equity co-investment programme if approved as early as March.