Globally, 232 impact funds have reached final closed, with over 160 currently raising. Of these, venture capital funds make up the largest portion of any asset class, with most based in North America. Meanwhile, the broader ESG agenda is bedding in across private asset classes in Europe, with managers in the region showing the greatest levels of transparency around policies and procedures adopted.
Across APAC, disparate levels of adoption drives complexity when it comes to evolving national regulatory frameworks between markets. But one thing is clear – managers, globally, are feeling the pressure from investors.