Snehal Shah

In what could be a milestone climate impact investing in private markets, CalSTRS' investment committee will consider increasing its private equity allocation from 13% to 14% on Thursday.

The transition to a low-carbon economy requires capital for software as well as material low-carbon products and real assets, Pale Blue Dot founder Heidi Lindvall tells NPM.

Union Square Ventures and Tiger Global are among 23 founding members of the Venture Climate Alliance.

Independent verification providers such as BlueMark 'are vital in assessing and assuring that investors are delivering on their impact claims and commitments', says Temasek Trust's Dawn Chan.

Minorities may not look like minorities on a fund manager's website, an IR head says.

Initiatives such as EDCI are prompting firms to measure board-level diversity – but mid-market companies' boards are too small for this data to be statistically significant, argues one firm's head of ESG.

Despite their relatively small size, in-state and local impact allocations will require more oversight and draw more scrutiny than investors’ main private investment buckets.

Sometimes LPs don’t bother following up on their questionnaires, ‘which is great’, said one investor relations professional.

MassMutual has added $100m to its Catalyst fund for diverse and in-state businesses to ‘create generational wealth‘ among minority and rural communities.

The strategy involves capping assets' carbon footprints in line with the Paris Agreement using CRREM's 1.5C trajectory.