Impact Investing

Partners at secondaries firms in Europe earned an average €8.4m last year, according to executive search firm Heidrick & Struggles.

The Minneapolis-based firm's Clean Growth Fund V raised $220m and aims to generate strong returns while creating positive environmental and social benefits.

The Canadian pension giant is in poll position on a deal that will offer liquidity to LPs in the firm's 2011-vintage $2bn Growth II fund.

The LP body’s latest best practice guidance recognises the growing role of GP-led secondaries.

The private equity giant's push into impact investing relies on the GP relationships and fund commitments its Strategic Partners unit has built.

The new platform will sit within the firm's secondaries unit, Strategic Partners, and work with existing impact managers across all asset classes.

Neil Harper, who has been at Morgan Stanley Alternative Investment Partners since 2006 and oversees its secondaries business, is the unit's second senior departure in six months.

The bank’s real assets asset management arm has completed the recapitalisation of Avanath Capital Management’s 2010-vintage fund.

Tycho Sneyers integrated responsible investment considerations into the Swiss firm's private equity programme and served as chairman of its ESG programme.

Emily-Jane Finigan will leave the private equity and real estate secondaries specialist at the end of April, Secondaries Investor has learned.