The 54-year-old firm has created a joint venture with a fledgling credit platform led by three experienced women in private markets.
More issues are falling under the ESG umbrella and firms need to develop better programmes to mitigate the risks and avoid potential issues, experts say.
Nuveen’s Rekha Unnithan tells New Private Markets the firm ‘did the right thing by our LPs’ in closing below its original $400m target and says it is already planning its next impact fund.
Most fund managers set blanket net-zero targets for their entire portfolios, but some like real estate manager Fiera are finding advantages to setting fund-specific targets.
The New York-listed mega firm will implement its employee ownership programme at every company in which its $19bn North America PE fund takes a majority stake.
The firm has linked 100% of its carry to hitting impact goals and will invest in sustainable companies across the food value chain in the OECD.
With water an increasingly scarce resource in many places, using it efficiently has never been more important. Its effective use can help regenerate environments and lead to more productive agricultural systems.
Fund of funds manager CapDyn has set a net zero 2050 target for its portfolio – but warns against a too-quick withdrawal from oil and gas.
Natural capital is an investable theme – not just an exercise in risk management, writes Ashim Paun of Triton Partners.
With the rise in primary fundraising for sustainable investment, the manager of philanthropic and endowment capital sees the secondaries market following suit.