Snehal Shah

Brookfield president Connor Teskey sounded resoundingly positive notes about fundraising for the firm's various strategies, including its two climate funds in market.

The Omidyar Network, investing the wealth of eBay founder Pierre Omidyar, is 'aggressively adversarial towards big tech', says Aniyia Williams, a principal on OM's responsible technology team.

'We're giving up a little bit of return for a lot of impact,' Adirondack Capital Managers managing director Caitlin Haught told NPM.

Linking a portion of carried interest to impact performance is becoming more common, with private equity firms like Apollo, Apax and EQT implementing such a mechanism. LPs are split on the idea.

There are several decarbonisation frameworks for private markets, but these are not tailored to venture capital, the VCA argues.

Sustainability and value are 'very integrated', explains Christopher Metrakos, head of natural resources at the C$248bn pension fund.

Flexstone's European pension fund clients are on the hunt for Article 9 and impact funds, says managing partner Eric Deram.

While debate flares up about whether the Science Based Targets initiative should allow greater use of offsets, the real question is whether Scope 3 decarbonisation is possible without them.

Climate change and social injustice are created by 'the same set of behaviours: it's extracting unsustainably from people and the planet', says Rachel Robasciotti.

Blackstone Energy Transition Partners IV was launched in 2022 with a $6bn target, but is expected to close at '$4bn-plus', the firm said last year.