Early stage private equity is seen as ‘the most natural way to create impact’ says James Gifford of Credit Suisse, which has launched two impact investing vehicles for wealth clients this year.
Hilario Albarracín, chairman of KPMG in Spain, joins the committee.
Allianz and Golding are raising impact fund of funds – soon to be joined by Alpha – as the market is boosted by investor demand, climate mega-funds and regulatory momentum.
Private credit investors have a huge opportunity to point their portfolios towards impact, writes Michael Etzel, partner and co-head of impact investing at consulting firm Bridgespan.
LACERS is a long-time partner of TPG, having first backed the firm in 1999.
A New Jersey pension allocated $600m to the investment strategy.
The North American firm is seeking $400 million for its successor vehicle to a strategy targeting ‘catalytic’ sustainable infrastructure investments.
Financial software provider LPA has struck a partnership with impact measurement tool Evercity.
Reporting 21 – which has clients including BlackRock, UBS, Ardian, Manulife, Amundi and Eurazeo – has tapped Mark Brockway as its North American head.
Panelists at PEI’s Infrastructure Investor New York Forum described how impact investments targeting the environment can have negative social implications.