March 2024

In this ESG edition, we look back at exceptional February fund performances (better than January) and sizeable fund raises.

There were also interesting partnerships, steps to develop private wealth and build private credit businesses, signs that multimanagers are getting even more aggressive in their expansion plans, a new commodities business, funds closing, crypto funds having a ball as Bitcoin hits new highs, and much more…

We get brilliants insight on ESG programs and practices of the ten largest private equity firms from Dhruti Patel, Jelmer Laks and Sabrina Katz at Blue Dot Capital.

Ocorian’s Paul Spendiff writes about the importance of ESG credentials and strategy behind fund managers’ investment decisions.

AIMA’s Thomas Sharpe looks at EU ESG developments, with the review of SFDR and ESG Ratings Regulation.

Simmons & Simmons’ Lucian Firth and Tristram Lawton follow a similar line, writing about rising UK-US ESG tensions as approaches increasingly diverge.

In Letter from America, Prosek's Mark Kollar lifts the kimono on GP stake sales, a trend that has been gaining momentum in recent years and is seeing a “consolidation of sorts." Mark writes that this looks set to "continue to provide high-performing firms an opportunity to raise capital and build their brands."