Toby Mitchenall
Development Partners International just raised $1.15bn to invest in African PE. Its CEO, Runa Alam, says it combines elements of impact and ESG integration that make it hard to define.
A group including S&P Global and Hamilton Lane has backed the launch of an 'open architecture' platform to share ESG data.
PRI will publish a discussion paper on ESG in venture capital and is gathering case studies to launch in the first quarter of 2022.
The weight of the institutions involved and the clarity of the approach suggest that the ESG Data Convergence Project could herald the standardisation of ESG data in private equity.
The asset manager has staked 50% of the carried interest from its €300m debut private equity fund on achieving impact goals.
The firm just closed its second 'long-term equity' investment, pumping $600m into Octopus Energy.
In the upper echelons of Spanish private equity and venture capital, just 14% of investment executives are female.
'Green solutions', sustainable agriculture and financial inclusion are the target areas for its first impact fund offering.
The envionment-focused firm has hired six people across various functions.
Could this be the next frontier in tying ESG targets to financial incentives in private funds?