Side Letter: Forget ‘top-quartile’; KIC’s new CIO; Australia’s ESG crackdown

Professor Oliver Gottschalg of MJ Hudson explains why LPs might want to reconsider their fixation on whether managers can be considered top quartile. Plus: A lack of deployable capital is hindering secondaries dealflow and Australia could be the next market to crackdown on ESG. Here's today's brief, for our valued subscribers only.