A handful of private equity firms have set portfolio-wide net-zero targets, although many firms consider this too ambitious or too sweeping. Bain's approach can be seen as a middle ground.
The firm's UK Impact Fund will be among the first to adopt the label when the labelling regime comes into force at the end of the month.
The real estate firm has acquired a London retail park and plans to make a number of sustainability improvements.
If 20% of expected climate investment is accounted for by private markets, TPG executive chairman Jim Coulter says, 'spending... will be bigger than the entire private equity industry is today'.
Katie Rae, The Engine Ventures
Massachusetts-based fund manager the Engine Ventures looks to scale 'tough tech' that positively contributes to climate and health.
Robotics picking fresh produce
The vehicle has a €150m target and will focus on businesses concerned with planetary health.
A new strategy will lend to European businesses providing solutions to environmental and social challenges, New Private Markets understands.
A majority of both investors and managers believe ESG costs should be included in the management fee, according to a report from Bfinance.
LGBTQ+ entrepreneurs face an uneven playing field when it comes to accessing finance; Impact Engine's Priya Parrish describes how investors should 'think differently' about risk and reward and why impact investing is 'is a natural fit for LGBTQ+ people'.
Apollo's private credit assets 'demonstrated lower transition risks' than the firm's other private asset classes, according to its 2023 sustainability report.
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