ESG

As the all-important 2030 deadline to limit global warming looms, are private markets on track to help meet the world’s critical climate needs?

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

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

For borrowers and their sponsors, SLLs are a direct way of ensuring ESG integration is a lever for financial value.

Ben Luckett, who set up Aviva's VC platform in 2015, says low distributed to paid-in ratios have been less of an issue for the investor to date due to the use of evergreen structures.

Female representation in the private equity industry is growing, though the journey towards parity is ongoing.

GPs are revamping their sustainability programmes away from broad mandates and towards tailored initiatives that drive value creation and mitigate risk.

LP capital looks set to play a significant role in the rampant expansion of the fund finance universe. Plus: a $70bn pension is cutting its private equity allocation; and why LPs should investigate GPs' understanding of AI sustainability risks. Here's today's brief, for our valued subscribers only.

Pension funds and insurers – as well as GPs – are revising documentation to permit investment into assets that are off limits for many.

Delegates from QIC, Pantheon and Mubadala discuss their approaches to diversity, equity and inclusion at a time when the US administration is taking a more critical view of DEI initiatives.