Private Debt Intelligence – 3/16/2020
Private Debt slow to adopt ESG Frameworks
In most alternative asset classes, ESG has been the acronym on everyone’s lips, but not so much in the private debt industry. A total of 292 private debt fund managers are signatories to ESG/impact investing frameworks tracked by Preqin. A record 40 private debt fund managers became signatories to ESG frameworks in 2019, and the number of new signatories has grown in each of the past three years. A quarter of surveyed private debt investors have an ESG policy in place, and a further 12% intend to implement an ESG policy over the next 12 months. There is clearly an ongoing structural shift in investors’ attitudes toward ESG considerations, and managers are responding to it.
Contact: Sital Keshwala
sital.keshwala@preqin.com
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