investor allocations

The need to address climate change is creating an opportunity for investors to prepare their portfolios for the future.

Faced with a paucity of scalable impact opportunities, investors like Hesta, Glenmede and PGGM are working out their own way of achieving impact goals, according to research from placement agent Campbell Lutyens.

The State of New Jersey Division of Investment will commit $200m to TPG Rise Climate.

LGPS Central, the £45bn partnership for eight UK public pension funds, is growing its responsible investment team from four to six and planning a ‘range of fund launches for this financial year across numerous asset classes’.

Asset manager M&G is in the market for a private credit impact director to join Catalyst, its £5bn private markets impact fund launched in February 2021.

The proposed amendment would see the public pension scheme ‘consider ESG factors’ in investments insofar as ESG affects risk and returns.

The $45.2bn foundation's decarbonisation efforts are likely to focus on private equity holdings and it will consider divesting from oil and gas assets, chief investment officer Nick Moakes tells New Private Markets.

Public pensions are among the most active backers of large-scale impact funds; but they aren’t in it for warm fuzzy feelings: analysis and downloadable data about the LPs behind the Impact 20.

Available to susbscribers only: an Excel spreadsheet containing details of LP commitments to funds managed by members of our Impact 20 ranking.

Pension fund Clwyd already has a 4% target allocation to private markets impact investment; it is now prioritising impact with the rest of its private markets portfolio.