ESG

Claire Hedley most recently led GSAM’s ESG client strategy group in London and was responsible for the asset manager’s client facing and commercial ESG efforts across EMEA.

The impact secondaries firm has shifted the focus of its clean growth strategy recently to preferred equity structured transactions from traditional LP interests.

Real estate could be the perfect asset class for GP-led secondaries, despite key legal and tax issues, says Steven Cowins, co-chair of Greenberg Traurig’s real estate fund practice.

ICG has appointed Barclays’ Elsa Palanza as global head of sustainability & ESG from Barclays, while Eimear Palmer joins Pantheon’s investment team as global head of ESG.

Cubera is raising its first primaries impact fund and plans to 'explicitly address and manage the sustainability performance' of all its funds.

The invasion of Ukraine has driven up the price of energy stakes, creating an opportunity for LPs to sell without having to accept a big discount.

Future Essentials II makes primary-, secondaries- and co-investments with managers with strong ESG credentials.

The firm has been building out its EMEA secondaries firepower in recent months with hires from Kirkland & Ellis and now Fried Frank.

Although secondaries investors have limited influence on underlying assets, there are steps they can take to engage with ESG issues and promote science-based targets, says Tim Clare of Anthesis.

With the rise in primary fundraising for sustainable investment, the manager of philanthropic and endowment capital sees the secondaries market following suit.