Continued uptake of meaningful environmental, social, and governance (ESG) policies in private equity will depend on fostering deeper dialogue on the subject between GPs and LPs, according to industry participants at the AVCJ ESG Forum.
Anders Stromblad, head of alternative investments at Swedish pension fund AP2, said this effort would have to be tailored to the resources and needs of the firm rather than pursued through the application...
Abu Dhabi sovereign wealth fund Mubadala has agreed to invest INR90.9 billion ($1.2 billion) in Jio Platforms, the holding company for various internet and telecom assets owned by Indian oil-to-retail conglomerate Reliance Industries.
Bessemer Venture Partners has led an INR1.5 billion ($20 million) Series B round for teleconsultation health platform DocsApp.
Everest Medicines, a China-based biopharmaceutical company, has raised $310 million in Series C funding across two tranches.
Bespin Global, a Seoul and Beijing-based cloud management services provider, has raised RMB530 million ($74.6 million) in a Series C round from SK Telecom and existing investor DY Holdings.