Our inaugural list of the world's largest impact managers in private markets contains specialists from private equity, private debt, private infrastructure and real estate. It promises to be controversial.
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.
How the research and analytics team calculates the Impact 20.
Nearly a third of LPs sent a formal ESG questionnaire in due diligence for GI Partners’ $3.9bn sixth private equity fund, David Smolen, MD and ESG chair at GI Partners, told New Private Markets.
The firm raised $1.3bn for its 2018-vintage KKR Global Impact Fund, of which $300m was committed by New York State Common Retirement Fund.
BlackRock joins the likes of TPG, Bain Capital, KKR, Blackstone, Apollo, Morgan Stanley and Hamilton Lane in creating a dedicated impact vehicle.
How the private markets firm's impact unit would deploy a $5bn climate fund.
The Northern European firm, an ESG early mover, has opted for an ESG-linked subscription credit line.
The firm provides credit options for small and medium-sized US businesses and earmarks some capital to be invested in diverse-owned companies.
Impact and responsible investment guru James Gifford says that if investors want to make change happen, they need to allocate to private markets opportunities.