ESG
24 January 2022
Profile: Bart Elema, Waterland Private Equity
The partner, CFO & risk officer discusses how his role and responsibilities have evolved over nearly two decades, why Waterland domiciles its funds in the Netherlands, as well as securing the firm's first ESG equity bridge facility
20 January 2022
Navigating new rules
Ropes & Gray partner, Eve Ellis, takes a look back at private equity fund regulations throughout 2021, and looks ahead to what's in store for 2022 and beyond
18 January 2022
Invest Europe developing ESG reporting standards
The new standards are expected to be developed and established by summer 2022
17 January 2022
PE vs ESG
The mindset required to genuinely achieve ESG aims inherently conflicts with the numerical and return-driven mindset needed to deliver private equity success. How can these mindsets converge to achieve both?
10 January 2022
Operational forecast for 2022
We take a look at Alpha FMC’s predictions for PE operations this year, as well as individual forecasts for CFOs, COOs, CTOs, CDOs and heads of compliance
5 January 2022
LP/GP power balance set to shift
Intertrust has identified the key technology trends which will impact private equity in 2022
4 January 2022
Comment: The year ESG went mainstream
Sofiya Bumagin, managing associate at Linklaters discusses how ESG is fast becoming a PE megatrend, and the challenges yet to be overcome
22 December 2021
High profile collection
Selection of The Drawdown’s favourite profiles with key operational professionals in 2021
21 December 2021
Deep dive collection
Selection of The Drawdown’s extended analysis features from 2021
15 December 2021
5 minutes with… Novata
CEO Alex Friedman: “Ultimately, you can develop the world’s best product, but if people don’t find it easy to use, it won’t serve society very well. A simple, intuitive user interface is a big focus for us.”
13 December 2021
European LPs: anti-greenwashing regulation won’t work
Only 44% of European LPs are optimistic about anti-greenwashing regulation making it easier to distinguish true environment-related claims from greenwashing, according to Coller Capital
9 December 2021
Triton secures €1.455bn ESG-linked fund facility
New facility is earmarked for speeding up ESG efforts in Triton V, a €5.2bn fund closed in 2018
9 December 2021
Majority of managers say greenwashing is a problem
Most managers support the FCA’s adoption of the TCFD reporting framework
3 December 2021
Aztec and Worldfavor launch ESG & sustainability alliance
The alliance aims to enable private market managers with a better understanding of the impact of their own business operations and their portfolios in relation to ESG factors
2 December 2021
Compliance calendar
Need to know dates for your diary as UK rules diverge post-Brexit, as well as upcoming key European regulations
30 November 2021
EU delays SFDR, again
The European Commission has delayed application by a further six months to 1 January 2023
29 November 2021
Golding appoints ESG director
Christian Schütz will lead the implementation of the firm's sustainability goals both internally as well as its investments
18 November 2021
Profile: Richard Burrett, Earth Capital
The chief sustainability officer discusses the firm's proprietary tool, Earth Dividend, challenges around certifying as a Guernsey Green Fund as well as what he thinks of the FCA's proposed climate-related disclosures
15 November 2021
5 minutes with… Stephen Millard, Included VC
“If organisations do not have high permission, high trust or are not open and conscious to allowing their employees to be their true selves, nothing will change.”
15 November 2021
DLA Piper launches end-to-end funds practice
The division aims to provide a one-stop shop for asset managers, investment fund sponsors and investors across all industry sectors, geographies, asset classes and investment strategies
12 November 2021
LPs: PE needs stricter oversight and regulation
According to Edelman, 74% of LPs believe there needs to be stricter oversight and regulation of PE
12 November 2021
SBTi publishes guidance to combat climate change
The guidance aims to define and promote best practice in science-based setting, in order for PE firms to align their portfolios and operations to well below 2°C and 1.5°C climate scenarios
11 November 2021
The big picture
Riverside Europe COO Dörte Höppner, details why private equity should consider ESG regulations as a chance to positively contribute to the global effort against climate change
11 November 2021
SASB’s Rogers joins Blackstone
Jean Rogers will oversee Blackstone’s corporate ESG team, leading strategy, integration, reporting, and engagement
11 November 2021
Novata secures $21m series-A
Novata provides PE firms and private companies with reporting metrics, a database to store information, and tools for analysis and reporting to key stakeholders
9 November 2021
FCA seeks views on ESG criteria for funds
The paper, which forms part of the regulator’s wider ESG framework, aims to help consumers navigate their sustainability characteristics
9 November 2021
AIMA CEO Jack Inglis: Community and interconnectedness have never been more important
AIMA’s CEO Jack Inglis was appointed as HFC’s chair in January 2020. He reveals how the charity responded to initial fundraising challenges brought about by the pandemic, the uncomfortable positions he found himself in, and why HFC plays such an important role in building a peer-based community
5 November 2021
BC Partners joins Partnership for Carbon Accounting Financials
Membership marks the first private equity firm to join the PCAF
3 November 2021
GHO promotes Rankine to sustainable investing director
Rankine will lead the integration of ESG considerations throughout the GHO investment process
1 November 2021
Apax names chief sustainability officer
Adam is responsible for further integrating ESG strategies into the core business of Apax’s holdings
1 November 2021
Intertrust launches ESG data solution
The solution aims to help GPs meet ongoing, critical ESG demands by providing an integrated approach to collecting and analysing ESG data, while managing ESG risk in portfolios
28 October 2021
Profile: Jon Fredrik Vassengen, Argentum
The manager and compliance officer discusses how the fund-of-fund determines ESG criteria and the challenges of collecting quantitative ESG data
27 October 2021
MJ Hudson releases ESG Advantage
ESG Advantage guides users on a step-by-step basis through the assessment process by tracking important data and automating analysis and reporting
19 October 2021
MSCI and Burgiss launch Carbon Footprinting tool
Tool combines private company data from Burgiss with modelling developed by MSCI ESG Research for estimating corporate carbon emissions
19 October 2021
LPs increasingly aware of data gaps in ESG reporting
The quality of ESG reporting is improving in private equity, but not enough areas are being covered
18 October 2021
GP transparency and tech: room for improvement
According to SS&C Intralinks' survey, 69% of LPs were ‘moderately satisfied’ with the technology capabilities of the GPs they currently invest with
15 October 2021
EQT formalises SBTs to address climate change
EQT has become the first private markets firm to do so, through the SBTi
14 October 2021
Blackstone names global head of ESG for PE
Amisha Parekh joins from Bloomberg, where she spent the last four years as head of sustainable finance product incubation
30 September 2021
Only 50% of GPs measuring carbon footprint
According to Apex research, 81% of GPs agreed they and their portfolio companies should take more responsibility for their carbon footprint
27 September 2021
IPEM 2021: Sustainability as value creation 4.0
André Frei, chair of sustainability at Partners Group talks about the main trends within sustainability and why he doesn’t think the private markets will focus entirely on impact investing
24 September 2021
IPEM 2021: Adapting to a virtual world
Klas Tikkanen, COO of Nordic Capital talks about adjusting to remote working through the pandemic, as well as the process of raising two funds virtually
24 September 2021
The Drawdown Awards 2021: Winners announced
Congratulations to the winners of our recent 2021 Drawdown Awards
23 September 2021
IPEM 2021: Lessons learned from Covid
Philippe Poletti, CEO of Ardian France talks about how the firm managed the Covid crisis, and why sustainability is now at the core of every business strategy
23 September 2021
Net zero financial service providers alliance launches
The alliance was launched to accelerate the transition to a net zero financial system
22 September 2021
IPEM 2021: Sustainability’s increasing importance
Alain Godard, CEO of the European Investment Fund talks about the increased importance of sustainability as well as EIF’s contribution to the sustainability agenda
21 September 2021
IPEM 2021: Europe leads the way for ESG
Magnus Billing, CEO of Alecta talks about Europe being a leader for ESG, and why PE firms have a great opportunity to be catalysts in reaching the sustainability goals
20 September 2021
IPEM 2021: PE’s big challenge
Cornelia Gomez, head of ESG & sustainability at PAI Partners talks about why measuring the carbon footprint of the portfolio is not enough
17 September 2021
CapMan hires ESG director
Anna Olsson joins from ISS ESG, a sustainability consultancy, where she has worked since 2015
15 September 2021
IPEM 2021: PE must embrace decarbonisation
Mathieu Chabran, co-founder of Tikehau Capital talks about decarbonising certain sectors and why those firms which only do it because they are forced to, will fail
13 September 2021
IPEM 2021: PE is ready
Claire Chabrier, president of France Invest discusses how the Covid pandemic has accelerated innovation, climate issues and social responsibility
13 September 2021
ESG disclosure divergence
The FCA's climate-related disclosure proposals mark the first policy disclosure divergence in post-Brexit UK for private equity; how do the new rules stack up against the European Commission's SFDR?
9 September 2021
Profile: Stella Morse, Inverleith
The CFO discusses joining the private equity firm from the consumer world, what she thinks of the latest ESG regulations and setting up Inverleith's first institutional fund
8 September 2021
CDP aims to standardise environmental data
It aims to increase disclosure from private companies, which have previously avoided scrutiny on environmental issues and pressure to decarbonise
8 September 2021
SS&C launches ESG reporting solution
"We see the growing manager and investor demand to incorporate ESG metrics into client reporting at the manager and portfolio level."
7 September 2021
Carlyle secures €2.3bn ESG-linked facility
Revolving credit facility is linked to boosting board diversity, tackling climate change and ESG-competent training
25 August 2021
Domicile watch: August 2021
Key takeaways from the major PE domiciles: including the FCA's third consultation paper on UK IFPR, Guernsey's appointment of a strategic adviser for green and sustainable finance and Hong Kong's SFC amended fund manager code of conduct
23 August 2021
Ogier launches ESG compliance tool
The tool aims to help fund managers get up to speed with ESG themes, terminology, regulatory requirements as well as climate-related risk in portfolio management
19 August 2021
ILPA seeks feedback on DDQ and DEI metrics
These latest updates aim to reflect the changes in the industry over the past several years, specifically around ESG and DEI
18 August 2021
PwC’s Woehl joins Montagu
In her new role, Woehl will help develop and refine Montagu’s existing ESG processes and procedures as well as support the portfolio companies’ ESG efforts
9 August 2021
2025: PE’s digital golden year
In 2025, structured data exchange will be the norm for fund managers as PE moves away from Excel. The Drawdown explores the tech solutions making that future a reality