LGPS Central, the £45bn partnership for eight UK public pension funds, is growing its responsible investment team from four to six and planning a ‘range of fund launches for this financial year across numerous asset classes’.
The proposed amendment would see the public pension scheme ‘consider ESG factors’ in investments insofar as ESG affects risk and returns.
The UK-based investment heavyweight sees carbon capture as the best way to decarbonise industrial companies.
Limited partners – particularly in Europe – are asking for 'opt-out' options in side letters, finds placement agent Capstone in its survey of investors.
Battery pack
Generate Capital is structured as a corporate rather than a fund, but the investors behind the capital raise include many significant private markets players.
The main investor concern was that companies may be able to reap the benefits of 'greenium'-style interest savings while avoiding meeting, or even testing, key performance indicators.
Crowd inclusion
GPs are stepping up on DE&I as investors hold them accountable.
For the second year in a row, research firm Global SWF has assessed the world's largest state-backed investors on issues of sustainability.
The investment platform has channeled more than €900m of HNW money into private equity, it says.
The $45.2bn foundation's decarbonisation efforts are likely to focus on private equity holdings and it will consider divesting from oil and gas assets, chief investment officer Nick Moakes tells New Private Markets.
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