The private equity industry must decide how its long-established fiduciary duty fits with a crisis like this.
The pandemic is an opportunity to return to a 'better normal', according to Yoshitaka Todoroki, who oversees PE and infra at the $1.5trn Japanese pension giant.
Women make up about one in four of senior investment professionals at Neuberger Berman, which employs 'concrete measures' on recruitment and retention.
Japanese LPs will continue to favour corporate engagement over exclusionary screening of controversial sectors, according to Satoshi Ikeda, chief sustainable finance officer at the country's financial watchdog.
LPs are increasingly using sustainability criteria as a factor in fund manager choice.
The firm says it signed the pledge because action is needed through policy and business to better mitigate global biodiversity risks.
Greenspring Associates joins CalPERS and NY Common in using software developed by Lenox Park Solutions to measure diversity of fund managers and portfolio companies.
The Impact Alternatives Fund will invest up to 30% of its capital in regen ag and up to 20% in environmental assets in response to investor feedback.
The two firms, which have previously collaborated on a water investment vehicle, have received A$500,000 to explore the business case for a new fund.
The pension fund's CIO told a virtual conference a period of transition is needed between fossil fuels and renewables.