Industry News: ESG

US Fund to Pull Small Japanese Firms Into ESG Era

Written by ESG | 15-Nov-2019 9:43:12 PM

2019-11-12

Nikkei Asian Review: U.S. private equity firm Neuberger Berman will create a fund that advocates for governance and sustainability reforms at small and midsized Japanese companies. Neuberger chiefly will seek enterprises valued at less than 500 billion yen ($4.57 billion). The fund will select 20 to 30 targets pending bottom-up due diligence. The new investment vehicle aims to draw capital from global pension funds.

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