Toby Mitchenall
There is no lack of enthusiasm for impact investing, but a lack of definition risks undermining progress.
David Browne joins among a number of high-profile hires as the firm prepares to raise its first buyout fund in a decade.
The £60bn UK pension fund, whose allocations to timber and agri total nearly half a billion pounds, believes it can deliver 'superior after-cost risk-adjusted returns’ by going direct.
Annette Wilson has left the firm, which closed an oversubscribed €850m fund in June 2015.
The €310 million sale was unaffected by ‘Brexit’, but there will be a lasting slowdown in the wider M&A market, the firm said.
On 23 June, the British public goes to the polls to vote on the country’s membership of the European Union, but the private equity industry has already voiced its opinion.