Green Angel Syndicate, one of the largest active angel syndicates in the UK and the only one specialising in the fight against climate change, has promoted Christine Chisholm from Finance Manager to Chief Financial Officer (CFO).
ESG & Responsible Investing
Can private equity firms seize a leadership role in the rising movement toward stakeholder capitalism?
By Kyle Burrell, US FSO Assurance Partner, Ernst & Young LLP – Over the years, private equity fund managers have bolstered their firms’ reputations as the asset class of choice for investors, building strong value for their portfolio companies and fuelling job growth across a wide swath of industries.
Private equity and hedge fund investors increasingly focusing on outcomes as ESG integration deepens
A new report from LGT Capital Partners (LGT CP) shows that alternative investors are increasingly focusing on ESG outcomes in order to address key issues including climate change and diversity & inclusion (D&I).
Arcano Asset Management has raised over EUR200 million to date for the Arcano Impact Private Equity Fund (AIPEF) and has already completed 10 transactions, including primary fund investments and direct co-investments in companies.
Astorg has completed its EUR1 billion-plus financing to acquire a majority stake in Corialis.
The British Business Bank’s regional funds — the Midlands Engine Investment Fund (MEIF) and the Northern Powerhouse Investment Fund (NPIF) — have enabled more than GBP50 million of investment, including from the private sector, into small businesses in the Midlands and North of England to reduce their carbon footprint and support developing innovative solutions to tackling the climate emergency and reaching net zero.
Aberdeen Standard Investments (ASI) has invested GBP50 million on behalf of its strategic partner Phoenix Group (Phoenix) in Black Sea Trade and Development Bank (the Bank) supporting the implementation of its climate change strategy.
Private equity sees ESG as a strategic value driver, but climate risk exposure requires greater scrutiny, finds PwC survey
The management of environmental, social and governance (ESG) issues is moving up the board agenda for private equity, however climate risk exposure requires greater scrutiny, according to a new survey released by PwC.
By Sam Gilbert-Ward, business analyst, Pollen Street Capital – Looking to the future, post-Covid, the success of ESG impact investing can be secured by championing three key pillars. First, building ESG into the culture of organisations, supporting initiatives with the resource it deserves. Second, establishing best practice. And third, going beyond reporting, focusing on the actual impact and celebrating successes.
NorthEdge has launched its first ESG report in which it reviews the progress made by the firm in 2020 across sustainability, D&I and community, as well as setting out ambitious plans for the year ahead.