Charles Avery
Monetising the biodiversity benefits of nature-based strategies would bring a 'huge amount of upside', says AXA IM Alts' Jonathan Dean.
The firm's first impact product closed at the end of 2022 and recently signed its fifth deal.
LPs should start investing alongside DFIs even it it means a smaller ticket size, according to L&G portfolio director Michael Klaster.
A survey of investors in PE funds also found that most US LPs are yet to hire specialist ESG personnel.
Regulation and a lack of impact allocation opportunities were also on the minds of panellists at the firm's impact forum in London this week.
Damien Marty, who joined from Tikehau, is the latest in a string of arrivals for the environment-focused manager.
Hong Kong insurer AIA is the latest Asian LP to join Leapfrog's investor base, having committed $200m earlier this week.
The food-focused manager sees Luxembourg as 'an attractive domicile' due to the rising importance of European sustainability standards, says managing partner Tai Lin.
The fintech-focused manager plans to collect data directly from the end users of its portfolio companies, according to its latest impact report.
Financial benchmarks are the 'primary way' LPs define success but they often fail to account for externalities, said ex-KIC CIO Scott Kalb.