Sovereign Funds

ESG Popularity Lead by Public Funds

It’s so popular today because ESG responsibility is increasingly moving from tick-box sustainability teams to risk teams that are better integrating the signals into LT decision making. Public funds taking the lead in spectacular boom of...

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Governance Change at CalPERS

Congrats to CalPERS for voting to change its own governance. Will be interesting to see if this move is just a change of schedules or if they are really engaging in meaningful change. It is rare to see Boards vote to change their own roles and...

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Racial Bias as Systemic Risk

The better fund managers of color perform, the more racial bias they face. A good article describing our recent research. The Brief: Racial bias as systemic risk, Adobe Capital’s $30 million close, KKR’s $1 billion raise, loans for Indian agtech...

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