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Buttressed by a hefty proportion of capital and expertise provided by development finance institutions, African GPs are a force for sustainable change.
Other obstacles include lack of in-house expertise, difficulty finding good managers and challenges executing co-investments, according to bfinance.
With the rise of the anti-sexual-harassment movement, industry stakeholders need to think differently as they mitigate reputational risk.
An unwillingness to improve ESG standards over a number of years could impact LGT’s desire to re-up with some existing GPs.
Just 36% of asset owners have identified quality sustainable investing opportunities in private equity, trailing public equities and real assets, according to Morgan Stanley.
Joy Basu’s exit from her role with the $2bn vehicle leaves it without a lead executive for agriculture, one of the seven sectors it targets.
The lobby group's first report on gender equality in private equity found just 6% of senior investment team roles are held by women.
The firm has called a private meeting in Dubai with shareholders, creditors and advisors to discuss the potential sale of its fund management business.
Developments at Abraaj Group mean LPs should conduct even more rigorous due diligence when considering MENA commitments.
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