Toby Mitchenall
The new diversity head at CalPERS will be involved in manager selection and monitoring.
The newly established Sustainable Investment Group has raised more than $800m to invest in a market segment where valuations 'are a lot more forgiving' than other parts of private markets, says partner Ken Pontarelli.
If mid-market firms are doing nothing on diversity, they are not alone... but they are in the minority.
The foundation will receive 'up to 5% of the annualised net performance income' from certain Ares funds as well as employee donations.
Marlene Timberlake D'Adamo moves into the position, having been chief compliance officer.
The Northern European firm, an ESG early mover, has opted for an ESG-linked subscription credit line.
At the 20 largest private credit firms, fewer than 4% of investment or distribution professionals identify as either Black or Latinx, says executive search firm Jensen Partners.
The Paris-based private markets firm has inked a growth investment with a mould-breaking mechanism to share 40 percent of the value created.
The multi-strategy firm has hired the co-founders of Blue Oceans Partners to create 'systemic impact and competitive returns'.
Impact and responsible investment guru James Gifford says that if investors want to make change happen, they need to allocate to private markets opportunities.