ESG is strategy at PE firm TPG
A social impact fund and innovative engagement with investee companies make ESG an integrated part of the culture at private equity firm TPG, co-chief executive Jon Winkelried said in an interview.
A social impact fund and innovative engagement with investee companies make ESG an integrated part of the culture at private equity firm TPG, co-chief executive Jon Winkelried said in an interview.
The $155 billion Teacher Retirement System of Texas is restoring its target allocation to energy, as experts see favourable conditions due to higher US oil production and continued reliance on fossil fuels. This is at odds with other investors divesting from fossil fuels.
Australia's $107 billion sovereign wealth fund added risk based on near-term outlooks and boosted its holdings in private equity, during a year in which it handily beat one-year and 10-year aims.
Thanks to recent history, flawed methodology and ill-chosen indices, most say PE consistently outdoes public equity. But the right data tells a different story, Oxford academics write.
Utah Retirement Systems considers its strong balance sheet, history of long-term relationships with managers and nimble governance advantages as its search for GPs in private equity begins.
Alternative private equity vehicles underperform the associated main fund, new research from Harvard's Josh Lerner and MIT's Antoinette Schoar has shown for the first time - but skilled limited partners flip the script.
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