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Toby Mitchenall

Toby Mitchenall is the Senior Editor, ESG and Sustainability, at PEI Media. He is responsible for New Private Markets, a dedicated intelligence source on impact investing, sustainability and ESG in private markets, and is based in PEI’s London office. Toby was previously a consultant advising private equity firms on marketing and public relations.
TiLT Capital, which has raised €250m and counting for its debut fund, backs energy transition-related businesses in the industrial sector.
(L-R) Carmela Mendoza, PEI Group; Lenna Koszarny, Horizon Capital
Lenna Koszarny, founding partner of Horizon Capital, spoke to a PEI Group audience on Thursday. Horizon, the biggest private equity firm in Ukraine, has operated, and thrived, amid the war with Russia.
The wider private equity fundraising market, however, will remain challenging, according the firm's six-monthly LP survey.
The firm has opened up to investors outside of its original backers from the oil and gas industry.
Measuring investment impact is still voluntary, but regulatory oversight is on the way, according to head of climate impact Marc Williams.
If private markets is on an ESG data 'journey', then benchmarking is definitely the next major milestone.
Grey and green factory
A combination of regulation and investor mindset risks pushing capital away from where it is needed most: carbon-intensive sectors.
Delegates gather for RI Europe 2023
Net zero targets are creating tension between short-term portfolio-level carbon reductions and the need for real economy decarbonisation.
A defined benefit scheme for the University of Cambridge's support staff mandates an investment consultant to integrate sustainability considerations – including climate investment – into its investment activity.
In private markets climate investing, as with other impact investing themes, capital has gravitated primarily towards equity strategies. This is about to change.
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