Watching for an institutional shift at Michael Milken’s gathering of the finance tribe

  • A global transformation is disrupting social and economic norms around the world,” says Richard Ditizio, the institute’s president. The programming is highlighting institutional peer pressure for proactive consideration of environmental, social and governance, or ESG, factors, he said. “Investors have a tool they can use to great advantage,” he told ImpactAlpha.

BRAC Uganda Bank launches with three equity partners

The transition took three years and required BRAC to divest majority control. DEG, the German development finance institution, Chicago-based Equator Capital Partners and Amsterdam-based Triple Jump each took 17% stakes. Enclude Capital Advisory, now owned by Palladium, ran the auction and structured the deal, a first for BRAC.

As assets flow to ESG investing, investors on the sidelines face hidden risks

  • In a raft of recent reports, asset managers from giants like BlackRock and State Street to sustainability specialists Boston Common and Cornerstone Capital Group have shown that considering ESG can help reduce investors’ exposure to climate change, supply-chain disruptions, management scandals and other material risks.