Summary: THIS IS AN AUDIO-ONLY VERSION OF A VIDEO INTERVIEW FOUND ON PRIVCAP.COM. VIEW THE FULL VIDEO HERE: Why are increasing numbers of LPs adopting “ESG” programs with regard to their private market portfolios? Tom Rotherham, Director of Private Markets at Hermes Equity Ownership Services (a division of BT Pension Scheme) and Jordan Berger, Director of Policy Compliance at Canada’s OPTrust, discuss the benefits of working with GPs to ensure that environmental, social and governance risks are taken into consideration when private equity deals are done. This is the first segment of a two-part thought-leadership series on ESG (environmental, social, governance) issues in private capital. Topics discussed include: Why the time is right for more LPs to adopt responsible-investment programs and for GPs to welcome them, why ESG programs are not “one-size-fits-all,” how ESG can be integrated into the due diligence process to uncover risks and opportunities, how OPTrust and Hermes have structured their own programs, and why private capital is uniquely positioned to effect outcomes at the portfolio level. Also – Rotherham and Berger share real examples of how ESG programs have avoided risks and enhanced performance. As Rotherham says: “But the risk, manage it, get the return.” Registered users of Privcap may access this 17-minute, chaptered video program, full transcript, audio-only version, as well as Privcap’s entire archive of thought-leadership content. Register here – it’s free and quick. July 201
