(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.
(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.
(Fast Company) There was a time when tech companies could grow to be unbelievably massive while facing little interference from the hand of regulation, but venture capitalist Hemant Taneja thinks that era is ending. In his new book Unscaled: How AI and a New Generation of Upstarts Are Creating the Economy of the Future (PublicAffairs), he offers a…
(Quartz) Without a touch of irony, the EPA celebrated Black History Month by publishing a report that finds black communities face dangerously high levels of pollution. African Americans are more likely to live near landfills and industrial plants that pollute water and air and erode quality of life. Because of this, more than half of…
(Vox) His Decency Pledge is just a first step to improving online interactions. On this bonus episode of Recode Decode, hosted by Kara Swisher, Kara interviewed Reid Hoffman onstage for the Never Is Now event in San Francisco. The two discussed, among other things, how social media biggies like Facebook, Twitter and Reddit could improve…
(HBS) A brief look at why the first wave of clean-tech VCs failed–and how they might do better in the future.
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