Alternative investment management company Blackstone has posted a loss for Q2 2022 after its private equity portfolio was impacted by ongoing turmoil in global markets. The New York-based firm reported a net loss of $29.4 million for the quarter compared with a profit of $1.82 billion in the same period in 2022, according to a report by The Wall Street Journal.

PGIM Private Capital provided nearly $10.0 billion of senior debt and junior capital to more than 140 middle-market companies and projects globally in the first half of 2022, marking a record first-half origination volume for the firm. PGIM Private Capital is a source of private debt for public and private companies and is the private capital arm of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. PGIM Private Capital’s H1 lending includes $8.4 billion of investment-grade investments, $1.3 billion of below-investment-grade investments; $190 million of mezzanine and private equity investments. Some 56 new issuers across a

Mid-market private equity firm LDC has more than doubled its commitment to The Prince’s Trust to help young people across the UK to create the leading businesses of the future. A new five-year expanded nationwide partnership with The Prince’s Trust will help up to 10,000 additional young people to start, sustain and grow their own business through an extension of the Enterprise programme. The partnership currently makes LDC the leading corporate supporter of young entrepreneurs at The Prince’s Trust.   LDC first partnered with The Prince’s Trust in 2019 to support its Enterprise programme, which equips young people with the

Petershill Parthjers has reported aggregate partner-firm AuM of $266 billion and aggregate fee-paying partner-firm AuM of $184 billion as at 30 June 2022. Both amounts are unchanged from the levels reported at 31 March 2022.

Dedicated Swiss blockchain investor Crypto Valley Venture Capital (CV VC) and its ecosystem company CV Labs have opened CV Labs Cape Town, the African region’s first in situ blockchain incubation and ecosystem hub. As an initiator of Crypto Valley, Switzerland – the world’s most mature blockchain hub, with an admirable regulatory landscape and 14 blockchain Unicorns, the opening of CV Labs Cape Town is a result of CV Labs actioning its expertise to enable blockchain as a transformative tech in Africa.  CV Labs already has blockchain hubs in Switzerland (Zug) and Liechtenstein (Vaduz). This new hub in Africa will soon

Inflexion has further strengthened its ESG commitments during the first half of 2022 by signing the United Nations Global Compact and formalising its commitment to the UN Sustainable Development Goals whilst also joining the ILPA’s Data Convergence Project. These commitments come a year after achieving carbon-neutral status and becoming a signatory of the UN’s Principles for Responsible Investment. Inflexion has also joined the Institute of Corporate Responsibility and Sustainability. The Ten Principles of the United Nations Global Compact are derived from the Universal Declaration of Human Rights, the International Labour Organisation’s Declaration on Fundamental Principles and Rights at Work, the

Impax Asset Management (Impax), a specialist asset manager investing in the transition to a more sustainable economy, has appointed Nana Li as head of sustainability & ESG, Asia-Pacific. Li joins Impax from the Asian Corporate Governance Association (ACGA), where she was research and project director, China. The ACGA is an independent organisation dedicated to working with investors, companies and regulators in the implementation of effective corporate governance practices in Asia-Pacific.   In this newly created role, effective as of 1 July 2022, Nana will be based in Impax’s Hong Kong office and will report to Lisa Beauvilain, head of sustainability