fund economics

‘We have put our money where our mouth is’ to create impact, but ‘it starts off with the financial KPIs,’ says Apax Impact co-head David Su.

Infrastructure giant expects to tie performance compensation to ESG KPIs for future funds.

The management team at Netherlands-headquartered Enviolo has a direct economic incentive to hit ESG-related goals.

With ESG performance being linked to the cost of debt, the attainment of carry and personal remuneration plans, how do you set robust KPIs and targets? George Weavil and Carys Clipper, lawyers from Travers Smith, give their opinion.

Nordic private equity firm Verdane has raised €300m to scale technology companies and create ‘disproportionate impact’, says Verdane partner Frida Einarson.

Some will wield influence over large pools of capital; others will plant smaller seeds and set an example to follow.

Travers Smith lawyers George Weavil and Carys Clipper describe a new type of sustainability-linked ratchet that could accelerate ESG improvements at the asset level.

The hydrogen-focused VC firm AP Ventures closed its second fund on $316m this year, with Temasek as an LP.

'If you’re driving your business through impact, everything has to be aligned,’ the veteran infrastructure manager tells delegates in Berlin.

Lessons from its debut 'impact-driven' long hold fund 'will trickle in' to the rest of the firm's platform, says EQT's Anders Misund.