philanthropy

Greater Share's Education Fund will see GPs donate their fees, and LPs donate half their returns to NGOs.

Private wealth, which occupies an increasingly large segment of private markets fundraising, is more inclined to prioritise impact over financial returns, say experts, particularly as the next generation takes over.

Charitable endeavours are a welcome part of corporate citizenship, but should be presented carefully to limited partners.

Greater Share, which was launched earlier this year, is a novel philathropy-meets-private equity initiative.