PG Impact Investments, the impact firm incubated by private markets giant Partners Group, has launched a fund that will seek ‘market-rate returns’ from climate-related investments.
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.
After securing a $1bn first close at the end of 2019, the global renewables fund reached an ‘inflection point’ last summer, according to head of renewables David Giordano.
Jaime Prieto, founding partner at the firm, says the growing appetite for private debt funds that meet ESG criteria is 'clearly noticeable'.
Mid-market investor EV Private Equity is tying compensation for Fund VI to the achievement of impact objectives.
LPs will soon have trillions to invest in impact but an LP-GP disconnect is hampering progress, writes Jeremy Smith, head of impact at placement agent Rede Partners.
The fresh capital from Temasek will be used to anchor LeapFrog Investment’s future funds focused on Asia and Africa.
The fund will track and report its impact performance to investors.
The 'vast majority' of Apollo's 1,500 LPs were satisfied with the firm's recent leadership and governance changes, Marc Rowan said on the firm's Q4 earnings call Wednesday.
As private debt funds hone their focus on ESG, the big challenge is to find effective ways to influence the management of the underlying asset.