ESG and sustainability are now being worked into deal documentation, but it may take a while before the private debt industry is seen to be truly making a difference.
This is Triton's first ESG-linked facility, which will be replicated across the firm's other funds.
Cross-Border Impact Ventures has a target of $100m.
Sharing the financial upside with portfolio company employees is an emerging way to bolster private equity's license to operate. Plenty of LPs believe it is a returns driver too.
Executives from four firms that have broken ground in the space – Carlyle, EQT, BPEA and InfraRed – discuss the future of sustainability-linked debt facilities with New Private Markets.
Private debt managers had been wondering how they could exert ESG influence over portfolio companies. This is the year they saw the light.
New ESG reporting requirements present a very specific challenge to private credit firms.
Universities Superannuation Scheme is the latest in a series of LPs to create separate impact and climate investing allocations across private markets.
ESG is increasingly a deal-breaker for LPs and GPs are responding by stepping up their game.
Jennifer Wildroudt joins as vice-president of ESG, a newly created role.