ESG

London CIV, formed through the pooling of 32 London Local Authority Pension Funds, is set to launch a series of private market investment funds.

Representatives from AlpInvest Partners, NYCRS and the UK's Nest pension fund say it is only when GPs play their part in tackling climate change that LPs can make their portfolios resilient.

Investors cannot afford to ignore a GP set that has largely outperformed industry benchmarks, even during a pandemic.

The law firm advised on more than 150 secondaries transactions in 2019 with a value of $17.5bn, according to Secondaries Investor's annual law firm survey.

Negative headlines are causing some LPs to review their relationships with Vista Equity Partners and Apollo Global Management. This has implications for the secondaries market.

The appointment of Myriam Vander Elst follows that of an ex-Wells Fargo subscription finance executive in May.

Secondaries buyers should look for a chance to engage with GPs on ESG before deciding not to invest, says LGT Capital Partners' ESG committee chairman.

Our soon to be released podcast discusses structural issues in the industry preventing greater female participation and promotion in secondaries – and how to negate them.

The firm, which collected over $95m for its inaugural impact fund, will reserve a portion of its latest offering to acquire fund stakes and directs portfolios.