ESG

The recent MJ Hudson research also showed managers with less than $1bn in assets ‘seldom have an ESG policy’.

The emerging markets-focused firm sealed two transactions, including its first from an Africa-focused SMA.

Prince Max Von Und Zu Liechtenstein said US fund managers have been slowest to adopt ESG ideas, with Germany a surprising laggard in Europe.

The shift is part of a wider update to the way the pension approaches environmental, social and governance risks.

The asset manager has raised more than $125m to invest in private equity impact funds, particularly in emerging and frontier markets.

Private equity investors plan on dramatically increasing their impact investing deal value this year, according to the annual Global Impact Investing Network survey.

The $50m investment is the second transaction from The Rise Find, TPG Growth’s $2bn global impact fund.

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

First Super’s private equity review seems dramatic; it may not be.

The US’s second largest foundation will allocate the capital to impact funds that have attractive financial and social returns.