Login Newsletter Subscribe About us Search

ESG policy

Profile: Susan Wilkins, Actis

The COO discusses her pathway from Actis portfolio company to the GP, taking over management of Abraaj funds and her role as a member of the inclusion & diversity committee

NorthEdge’s Hobbs joins RSM UK

Kathy Hobbs has been appointed associate director in ESG

Profile: Razzak Akbar, Freshstream

The CFO discusses Freshstream’s spinout from Bregal, the ongoing relationship between the two firms and setting up the Dutch office

JTC launches virtual chief sustainability officer service

The outsourced offering aims to help clients to understand, definite and implement their own ESG strategy, policies and reporting

JTC appoints first chief sustainability officer

Wendy Holley will continue in her existing role as COO, and will be responsible for developing JTC’s ESG framework

Comment: Unlocking private markets’ ESG potential

Hemal Mehta, founder and CEO of AtomInvest discusses the importance of sophisticated tech when it comes to ESG data collection, analysis and reporting

Aztec hires head of ESG and sustainability

Caroline Mantoura joins from Accenture, having served as director of operations

Profile: Devin Glenn, Blackstone

The managing director, global head of diversity, equity & inclusion discusses how Blackstone collects and measures DEI metrics, where DEI sits within the firm and what she's achieved so far

PE & VC firms failing to meet industry EDI standards

Equality Group’s latest D&I index ranked Advent International in first place for the second year in a row, with a top score of 65%

5 minutes with… Monel Amin, DiligenceVault

“One of the biggest friction points we see is the lack of standardisation. Diligence standards have emerged, but adoption remains sub-scale.”

Domicile watch: February 2022

Key takeaways from the major PE domiciles: including JFSC’s late fees for registry submissions, Guernsey’s new chair for its Green Finance strategy and Ireland’s Green Pledge launch

CFOs: cost and resource constraints prevent ESG integration

Intertrust’s latest survey found this to be the biggest obstacle CFOs face when integrating ESG into their investment processes

Arcus achieves top ranking for ESG reporting

The firm is closely followed by Partners Group and Tikehau Capital

ESG outsourcing: who’s who?

We've compiled a directory of who does what when it comes to ESG outsourcing, to help get those boxes ticked.

Profile: James Harper, Apposite Capital

The CFO discusses why he has taken over the IR function, what processes and frameworks he's put in place since joining, as well as how the firm's bespoke DD for ESG differs from their peers

5 minutes with… Mark Coppin, Standish Management UK

“It’s not just about having a relationship manager, it’s about knowing the intricacies of each other's preferences, styles and ways of working, to get the best experience and standard of service possible.”

Operational Lens: Pantheon Secondary Opportunities Fund (PSOF)

With a total AUM of $52.3bn, Pantheon is a machine when it comes to fundraising. We take a look at the $624m PSOF, to discover how the pros get the job done.

PRI: DEI is more than just gender and diversity

According to PRI, LPs have a vital role in affecting systemic change on DEI issues, not only within their own organisations but also wider society

Carried Away

Could the ever forceful push for ESG break carried interest, the heart of private equity?

GPs need more clarity to create ESG funds

EY’s latest report found the majority of GPs don’t plan to offer ESG products this year, citing lack of standardised methodologies and appropriate risk/returns profiles as reasons why

SFDR remains a double-edged sword

The benefits and challenges of the EU Sustainable Finance Disclosure Regulation (SFDR) were put to debate at our recent ESG conference

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

Invest Europe developing ESG reporting standards

The new standards are expected to be developed and established by summer 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?

LP/GP power balance set to shift

Intertrust has identified the key technology trends which will impact private equity in 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

Majority of managers say greenwashing is a problem

Most managers support the FCA’s adoption of the TCFD reporting framework

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

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.”

LPs: PE needs stricter oversight and regulation

According to Edelman, 74% of LPs believe there needs to be stricter oversight and regulation of PE

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

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

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

BC Partners joins Partnership for Carbon Accounting Financials

Membership marks the first private equity firm to join the PCAF

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

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

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

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

EQT formalises SBTs to address climate change

EQT has become the first private markets firm to do so, through the SBTi

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

Net zero financial service providers alliance launches

The alliance was launched to accelerate the transition to a net zero financial system

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

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

IPEM 2021: PE is ready

Claire Chabrier, president of France Invest discusses how the Covid pandemic has accelerated innovation, climate issues and social responsibility

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."

Carlyle secures €2.3bn ESG-linked facility

Revolving credit facility is linked to boosting board diversity, tackling climate change and ESG-competent training

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

CGE receives B Corp certification

The status confirms the firm’s high social and environmental standards, as part of its broader investment strategy and activities

ILPA launches LP ESG framework

The framework helps LPs evaluate and benchmark GP responses to DD, inform goal setting conversations with GPs and measure ESG integration progress over time

Profile: Feizal Moossa, Adenia Partners

The chief risk officer discusses the importance of his role within private equity, how his responsibilities have evolved since joining Adenia in 2003 as well as operating without an in-house legal team

Core values biggest influence on ESG attitudes

52% of GPs believe their firm’s core values have the greatest influence on their attitude and activity with regards to ESG and sustainability

ESG deal DD key dataset for LPs

60% of LPs believe the most important dataset to determine a GP's ESG focus, is the way in which ESG is embedded into the investment process

FCA, PRA & BoE outline D&I initiatives

“Regulators and industry need to work together to increase diversity at senior levels and ensure the UK’s financial services firms are best equipped to serve the economy”

Lack of standardisation biggest threat to ESG

“Without one standardised framework for reporting standards, we will continue to see firms mixing and matching various guidelines, hindering long-term process in the area.”

LPs increasingly concerned by tax and regulatory changes

43% of LPs identified regulatory changes as the greatest risk to PE returns

New horizons: Carbon pricing

Professor Gianfranco Gianfrate, Climate Finance Lead and Professor of Finance at the EDHEC-Risk Institute, says carbon pricing is happening and managers need to prepare

Private equity must address climate change risk

“Climate change presents unprecedented business opportunities for the industry in addition to risks”

AlpInvest secures ESG-linked sub-line

ABN AMRO arranged the facility while Rabobank acted as sustainability co-ordinator

Diligencing diversity

Gender diversity is a key issue for private capital markets, but are LPs digging deep enough when diligencing fund managers?

A guide to improving gender diversity

What can PE houses do to better their employee ratios? Sasha Graham of Equality Group provides her top insights