European LPs are leading the way in demanding private equity houses consider ESG when raising their investment funds, the latest Coller Capital Global Private Equity Barometer shows.
North American and Asia-Pacific LPs have not been so forthright, however, with about 25% of the former and a third of the latter having rejected commitments on ESG grounds – a picture that has remained fairly stable since the end of 2016.
The pension funds, insurance companies, and asset managers that make up the bulk of the industry’s backers believe strongly in the private equity model – almost 90% of LPs think that most small and mid-cap public companies would benefit from periods of private equity ownership as they grow, according to the report.
Read more/Source: AltAssets
