(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.
(Axios) Ten venture capital firms on Wednesday will announce that they’re now including “diversity riders” in term sheets submitted to startups, requiring that best efforts are made to bring underrepresented investors into the deals.
(Institutional Investor) Alongside Bono, Richard Branson, and eBay founder Pierre Omidyar, private equity firm TPG launched the Rise Impact fund in 2016. The offering committed “to deliver positive and sustainable impact” while creating a “top-performing fund.”
(PR Newswire) The National Venture Capital Association (NVCA) today launched Venture Forward, a 501(c)(3) non-profit to shape the future of venture capital and meet the growing needs of the venture capital (VC) industry that extend beyond public policy. Venture Forward will drive the human capital, culture, values, and narrative of venture capital, to promote a strong…
(Politico) A number of companies in Patrick’s “impact investing” portfolio have been hit by lawsuits.
(Built In) It comes down to big-picture thinking and actionable next steps. Diversity, equity and inclusion is a problem that the tech industry seems to talk a lot about, but hasn’t yet figured out how to fix. In an effort to bridge that gap, a group of powerful stakeholders in the Chicago tech ecosystem are…
(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.
(Financial Times) Almost a third of the signatories placed on a watchlist by an influential UN-backed responsible investment initiative are at risk of being booted out of the body.