Investors push alternative managers closer on ESG

Pratap Singh, Director, Private Equity and Venture Capital Practice, featured in Pensions & Investments for an article on how alternative investment managers are advancing their ESG efforts.

Extract from the article: “ESG offerings have transitioned to mainstream from niche…Forty-two percent of the capital raised for alternative investment funds in 2019 was for ESG-focused funds, up from 33% in 2011, Preqin data shows.

This trend has been driven by large alternatives managers such as The Blackstone Group Inc., Apollo Global Management Inc. and Carlyle Group, with each manager including ESG mandates for all their funds regardless of their respective strategies. "The pandemic has accelerated the acceptance of ESG offerings by alternative investment managers as they seek to gain a competitive advantage once markets normalize,"