Private Equity – Ken Pucker http://kpp.active-interactive.com Writer, Investor, Advisory Director, Berkshire Partners - Professor of Practice, Fletcher School Tufts University Thu, 08 Aug 2024 15:36:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 http://kpp.active-interactive.com/wp-content/uploads/2022/07/cropped-PhotoKP-32x32.jpeg Private Equity – Ken Pucker http://kpp.active-interactive.com 32 32 Private Equity Makes ESG Promises: Their Impact is Often Superficial http://kpp.active-interactive.com/articles/private-equity-makes-esg-promises-their-impact-is-often-superficial/ Mon, 27 Jul 2020 19:54:57 +0000 http://kpp.active-interactive.com/?p=184 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.” At the time, Bono remarked that “capitalism is going up on trial, and I think that it’s clear that putting profit before people is a nonsustainable business model.” Bain Capital followed suit, launching its own Double Impact fund, and KKR recently closed a $1.3 billion impact fund.

Private Equity Makes ESG Promises: Their Impact is Often Superficial

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