By IPE Staff2021-04-19T16:03:00+01:00
Border to Coast Pensions Partnership, one of the UK’s public sector pension pools, is working with investment consultant Albourne on a new environmental, social and governance (ESG) framework for private markets.
In a statement today, the pool said it was concerned about the lack of robust and consistent ESG standards in private markets and that it was therefore supporting Albourne as it developed a framework based on due diligence questions (DDQ) recommended by the Principles for Responsible Investment (PRI).
Leeds-based Border to Coast has a private markets investment programme that it expected to grow to over £5bn (€5.8bn) in the next 12 months. Last year it appointed Albourne to provide a series of services to private market activities, such as investment and operational due diligence.
Tender Watch: TPR appoints Mercer for superfund modelling; FCA selects legal services partner; Border to Coast makes two appointments professionalpensions.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from professionalpensions.com Daily Mail and Mail on Sunday newspapers.
BlackRock raises $4.8bn for renewable power fund Friday, April 09, 2021
Laxman Pai, Opalesque Asia:
American multinational investment management corporation BlackRock Inc. has raised $4.8 billion for a new fund to invest in renewable power assets around the world - almost double its initial target.
The total for the firm s GRP III was almost three times the size of GRP II, which closed in July 2017 at $1.7 billion.
BlackRock Real Assets closed on its third global renewable power fund (GRP III), drawing money from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations, and family offices from over 18 countries globally.
BlackRock closes renewable energy fund at $4 8 billion pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.