Quantum Energy Partners provides an update on recent enhancements to its long standing ESG program
HOUSTON, May 13, 2021 (GLOBE NEWSWIRE) Quantum Energy Partners ( Quantum or the firm ), a leading private capital firm that invests across the global energy value chain, announced a variety of enhancements to its long-standing Environmental, Social and Governance ( ESG ) initiatives.
The firm was founded in 1998 on strong principles of health, safety and environmental stewardship and then significantly revamped and formalized its approach into an ESG framework in 2013 in collaboration with many of its key stakeholders. During the course of 2020 and 2021 the firm has implemented a variety of changes to its comprehensive ESG framework and implementation timelines.
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MiddleGround Capital Closes on $736 Million for Its Current Fund Offerings, Buoyed by Strong Demand From Existing LPs
April 30, 2021 GMT
LEXINGTON, Ky. (BUSINESS WIRE) Apr 30, 2021
MiddleGround Capital, a Kentucky-headquartered, middle market private equity firm that makes control investments in B2B industrial and specialty distribution companies, has closed on $736 million in commitments for a series of funds that includes its flagship fund MiddleGround Partners II, LP; MiddleGround Partners II-X, LP; and Mobility Opportunity Fund, LP. MiddleGround has exceeded its target of $550 million for MiddleGround Partners II, launched in January 2021, due to strong demand from incumbent investors. MiddleGround Fund II-X is a parallel co-investment vehicle which will invest alongside Fund II. The Mobility Opportunity Fund is a dedicated overflow vehicle focused on investments in the future trend
Private equity lags on diversity | Asia Asset Management asiaasset.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaasset.com Daily Mail and Mail on Sunday newspapers.
ILPA members making diversity a bigger priority in private equity
ILPA members making diversity a bigger priority in private equity
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Private equity investors are taking concrete steps to advance diversity, equity and inclusion, according to a report released Thursday by the Institutional Limited Partners Association.
The first report of a diversity initiative launched in December focuses on how signatories to the diversity initiative are approaching DEI metrics and data capture. ILPA polled limited partners and found a strong desire for standardization and expanded metrics.
The number of signatories to the diversity initiative has grown to 130 LPs, general partners and investment consultants, from the 50 founding signatories in December.
There is considerable evidence that an open-tent approach translates into higher returns.
Financial sponsors are increasingly quantifying the impact of inclusive investment. News of the novel fund comes only months after
Carlyle
Group announceda $4.1 billion credit facility that lowers the price of debt for portfolio companies that hit board-level diversity targets. The premise? Boards with more varied perspectives notched 12 percent higher earnings growth, the fund’s three-year analysis of its portfolio companies says. Seen this way, the discounted borrowing costs might reflect a lower risk premium.
Should the same diversity-linked returns materialize in Integrum’s results, the fund will be making its case at the right time.