The latest edition of the Alternative Investor is out today, in which we look at recent goings on in the private markets space and with COP28 drawing to a close how financial initiatives can help shift the world to a low carbon economy, with PwC, Marex, Vuelta Carbon and Forestry Linked Securities all writing.
Over the last month, we have seen equity hedge funds shine, while systematic funds have struggled; we have had the UAE announce a $30bn climate focused fund, further record fundraisings and seen the Norwegian SWF turn to private equity. We look at goings on at Carlyle Group, real estate activities, further UAE moves, manager evolutions/ transitions/ closures and an imminent change to the hedge fund order, plus much more.
Features:
Ian Milborrow, Partner, Sustainability, PwC UK, writes about Article 6 and how it will open up new possibilities to invest in emission reduction projects.
Dr Guy Wolf, Global Head of Market Analytics at Marex, looks at the role of technology and innovation in enhancing the voluntary carbon market.
Simon Crooks & Lee Bostock, Founding Partners, Vuelta Carbon, focus on the compatibility of financial returns and climate action.
We wrap up with Charlie Sichel, Managing Partner, Forestry Linked Securities on forestry as a critical asset class and a core building block in sustainable business models.
Letter from America
Prosek's Mark Kollar has once again outdone himself in his ‘seasonal’ Letter from America, in which he looks at the rise of Florida, not only for those managers and investors temporarily escaping the cold of New York and Greenwich, but also for those who are looking for a more permanent base, with Palm Beach County alone supporting nearly 74,000 jobs in finance.
Regulatory
It is rarely quiet in the regulatory space, with RQC Group writing on the FCA's sustainability disclosures, guidance principles for ESG, IFPR improvements and the implications of the UK's conduct and accountability regime for financial service personnel. In the US, RQC looks at SEC and CFTC enforcement actions and the SEC charging the CCO of an investment adviser firm with multi-year fraud.