The $40.5bn superannuation fund allocates more than a quarter of its assets to private markets.
Public pensions are among the most active backers of large-scale impact funds; but they aren’t in it for warm fuzzy feelings: analysis and downloadable data about the LPs behind the Impact 20.
Available to susbscribers only: an Excel spreadsheet containing details of LP commitments to funds managed by members of our Impact 20 ranking.
The venture community’s use of ‘pattern matching’ past successes to find the next big opportunity has excluded many female- and diverse-owned start-ups from raising capital.
Pension fund Clwyd already has a 4% target allocation to private markets impact investment; it is now prioritising impact with the rest of its private markets portfolio.
The new diversity head at CalPERS will be involved in manager selection and monitoring.
Investors are looking for other sustainable infrastructure opportunities such as energy efficiency and distributor generation, Ronak Patel, partner at placement agent Campbell Lutyens, told Infrastructure Investor’s Global Investor Offsite conference this week.
Marlene Timberlake D'Adamo moves into the position, having been chief compliance officer.
Investors are contemplating bitcoin’s current ESG compliance. But for Keiretsu Capital, Mercury Fund and others, the focus is on the currency’s future ESG potential.
Impact and responsible investment guru James Gifford says that if investors want to make change happen, they need to allocate to private markets opportunities.