inequality

Institutional investors are increasingly mindful of inequality as a systemic risk; the question is whether they are willing and able to do anything about it.

The head of sustainability for Manulife's $74bn private markets division believes the industry needs to do more to address inequality, rather than 'fuel it with with the investing decisions that we make'.

Greg Shell, head of the inclusive growth strategy at Goldman Sachs AM, argues that social impact can deliver ‘premium investment returns’.

The impact manager has received backing from the likes of Big Society Capital and Greater Manchester Combined Authority to address social inequality in the UK.

As private markets initiatives related to specific social issues such as diversity and employee-ownership mature, inequality more generally could become a priority for private fund managers and investors.

The industrial association wants all of its GP members to have profit sharing schemes in place by 2030.

Despite their relatively small size, in-state and local impact allocations will require more oversight and draw more scrutiny than investors’ main private investment buckets.

Two organisations – the Predistribution Initiative and Impact Frontiers – are working on a framework to manage sustainability risks born from the way we currently invest; they want input from LPs and GPs.

New Jersey-based Syridex Bio is financing therapies for diseases that disproportionately affect underserved populations.

PEI senior reporter Carmela Mendoza and senior editor Adam Le discuss how private equity firms sharing equity with an entire workforce can create upside and value for investors.