Many LGBTQ+ people in private markets do not feel comfortable coming out in the workplace – and this is a distraction from them performing at their best, says Alberto Padilla Rivera, co-founder and co-chair of Out Investors.
TowerBrook Delta was launched in 2021 and has so far raised $300m; LiftWerx, an up-tower crane technology company servicing wind turbines, is its third deal.
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'.
CalPERS, the New York State Common Retirement Fund and the New York City public pension funds have adopted dedicated labour principles policies for their portfolios and fund managers in the past year.
'With a larger share of their wallet in cash or public equity that trades at all-time highs, they have ample liquidity to commit to private equity', says co-founder and CEO Jacqueline van den Ende.
When it comes to implementing ESG principles, momentum has been lost among North American investors, according to a survey by placement agent Capstone Partners.
Massachusetts-based fund manager the Engine Ventures looks to scale 'tough tech' that positively contributes to climate and health.