Private Markets
Apollo Joins Impact Investing Rush With Goal to be Market Leader
(Bloomberg) Apollo Global Management Inc. is venturing into the world of impact investing, a corner of finance where most of its private equity peers already have substantial operations.
Read MoreAbraaj scandal a ‘wake-up call’ for advisory industry
(Financial Times) When private equity firm Abraaj faced allegations of mismanaging its $1bn healthcare fund last year, executives recognised that a neutral external company with a trusted reputation would be needed to investigate.
Read MoreTPG introduces Y Analytics to gauge the impact of impact investing
(Pitchbook) The entity, based in Washington, DC, is being dubbed an extension of The Rise Fund, the $2 billion impact vehicle TPG founded alongside Bono in late 2017. Maryanne Hancock, a former executive at McKinsey, will lead the new initiative.
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