.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line-white).png "CH Diligence (thicker line-white)")
Institutional Investor: Forty-eight percent of asset management CEOs plan to pause or reconsider their ESG efforts over the next six months, according to KPMG’s 2022 U.S. CEO Outlook, which is expected to be published. Thirty-one percent of the CEOs said they had already done so.
BNN Bloomberg: Brookfield Asset Management Inc. acquired two US renewable-power companies -- Scout Clean Energy and Standard Solar -- for a total of $1.54 billion and plans to invest as much as $510 million to further develop those businesses.
Investment News: The Chicago-based enterprise is being described as a “private investing firm that partners with founders to provide a distinct combination of growth capital and the support and resources needed to develop scalable, sustainable business models that generate equity and impact.”
NBC News: Almost 60% of Asian women working in the U.S. financial sector say their race has hindered their careers, particularly at senior levels, according to a study by The Association of Asian American Investment Managers (AAAIM) published.
Comptroller: New York City Comptroller Brad Lander shared a letter to BlackRock, Inc. Chief Executive Officer Larry Fink to express growing concern that BlackRock’s investment actions do not align with its climate commitments, and to request immediate action by BlackRock to address these contradictions.
U.S. News: The heads of the nation's largest banks faced pointed criticism from Republicans complaining the firms are inappropriately taking liberal stances on social and cultural issues.
Cision: The National Association of Investment Companies ("NAIC"), the largest network of diverse-owned alternative investment firms, and UBS, the leading global wealth manager, announced an agreement whereby UBS will become a Platinum Sponsor of NAIC in support of the firm's Inclusive Investing offering.
U.S. News: HSBC Holdings Plc told Reuters it will stop financing the expansion of thermal coal from funds it manages actively with immediate effect, marking an acceleration of a broader commitment it made last year.
Whyy: Eight climate activists were arrested at the Malvern headquarters of Vanguard, one of the largest mutual fund investment firms. Members of the Earth Quaker Action Team (EQAT) and Extinction Rebellion Philly say Vanguard should be using more of its economic muscle to actively disinvest in companies contributing to global warming, including Big Oil producers like Exxon and Chevron.
Institutional Investor: Paul Atkins, former SEC Commissioner, is not a fan of the recent moves by Republican-led states to blacklist asset managers because they consider environmental, social, and governance factors when investing.
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
168 Hobsons Lake Drive Suite 301
Beechville, NS
Canada, B3S 0G4
Tel: +1 902 429 8880
Manila
10th Floor, Two Ecom Center
Mall of Asia Complex
Harbor Dr, Pasay, 1300 Metro Manila
Philippines
Sydney
Level 15 Grosvenor Place
225 George Street, Sydney NSW 2000
Australia
Tel: +61 (2) 8823 3370
Abu Dhabi
Floor No. 15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy