Toby Mitchenall

The firm has added the facility, which has an interest margin linked to 'measurable performance indicators', to a $3.5bn co-investment fund.

The Predistirbution Initiative is moving the ESG discussion into uncomfortable spaces. Plus: insight into recruiting ESG professionals, Eurazeo's maritime infra fund and more.

The firm – an outspoken proponent of sustainability in investment – will try to raise €300m for the Europe-focused vehicle.

Are there important aspects of investing responsibly that we are just too afraid to discuss? The Predistribution Initiative wants us to discuss the elephant in the sustainable private markets room.

The European firm looks set to join its large buyout peers in establishing a fund line that will seek both financial returns and a positive societal or environmental impact.

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Mid-market investor EV Private Equity is tying compensation for Fund VI to the achievement of impact objectives.

In today's letter: Going deep on KKR's approach to employee ownership; The US vs RoW ESG divide, courtesy of Aberdeen Standard; Deliveroo's disappointing debut; UBS's new ESG head.

CalSTRS’ ‘long debate’ with ESG laggards The $283.4 billion California State Teachers’ Retirement System is by all accounts a progressive pension when it comes to sustainability. This month it agreed to invest $150 million per year in sustainable private equity co-investments to focus on “low carbon solutions” to the climate crisis (details here). It’s significant, […]

New Private Markets talks to Pete Stavros, partner and co-head of Americas private equity at KKR, about the firm’s approach to giving employees equity in their companies, and how it could catch on.