Greenberg Traurig Santa Maria’s Post

Hear from EQT Group, Fullerton Fund Management, Monk's Hill Ventures, Navis Capital Partners, Openspace, PAG and many more this October at the inaugural Responsible Investment Forum: Asia. As we reach a transformative moment for sustainability in Asian private markets, join us to explore the key themes and trends impacting the region. View the latest agenda: https://okt.to/LJOKkP #RIFAsia #ESGdata #ValueCreation #PrivateMarkets Souvanane Keothammavong, Susli Lie, Lincoln Pan, Jaclyn Seow, Mervin Teo, Tang Zongzhong

Integrating DEI and ESG best practices in the VC and PE industry is a journey that demands time, commitment, and a collective effort to align with each firm’s unique values and long-term goals. BDC’s data collection exercise is designed to raise awareness and encourage advancements in DEI and ESG, which are essential steps towards building resilience in a rapidly changing world. Consult this year’s findings in our latest report and learn more about how some of our portfolio GPs and companies like Yaletown Partners, BKR Capital, CTI Life Sciences Fund, GoBolt and McRock Capital are making progress on their DEI-ESG journey. Special thanks to: Kristina D'Amico, CFA Joshua Smith Devlin Flood-Smith #VC #PE #DEI #ESG

Learn more about the current state of DEI and ESG within Canada’s venture capital and private equity ecosystem in our latest report.   Discover how BDC is empowering businesses to tackle the biggest challenges of our time, and delve into the progress made by Yaletown Partners, BKR Capital, GoBolt, McRock Capital, and CTI Life Sciences Fund in their DEI and ESG journeys, along with the valuable reflections and insights they have gathered along the way.   #DEI #ESG   https://ow.ly/RbWe50U5tZX

Check out BDC and BDC Capital (Canada) recent report highlighting positive momentum in #Canada’s venture capital and private equity sectors towards Environmental, Social, and Governance (#ESG) and Diversity, Equity, and Inclusion (#DEI) goals. While Canadian investors are increasingly tackling these concerns, the pace is gradual, and climate commitment still lags behind DEI initiatives. Supporting ESG and DEI not only drives ethical and sustainable growth but also unlocks significant economic and financial values. Among other things, diverse teams foster innovation and resilience, while responsible investment aligns with a future-ready economy. #Venturecapital has the power to shape impactful companies that contribute to a #sustainable, #inclusive world. The future is bright for those who prioritize #people, #planet, and #profit. Report: https://lnkd.in/gvvac_gE

Really pleased to see the launch of BDC Capital (Canada)'s DEI and ESG report. This was a massive undertaking by GPs, companies, and the BDC Capital team to collect this data and analyse the progress being made in the industry. Some findings: 🚀 Diverse representation continues to increase since 2021, with the percentage of General Partners (GPs) where women make up at least half of employees increasing by 16 percentage points and visible minorities by 9 percentage points. ❗ Gender diversity remains a gap at the GP ownership and investment committee levels, with 55% of GPs entirely male-owned and 21% of investment committees composed exclusively of men 🌲 GPs are improving on the integration of the social and governance aspects of ESG, but we are observing a persistently low adoption of climate-related measures like reducing air travel or measuring emissions and setting carbon neutral goals. A big thank you to everyone who participated! You can find a link to the full report here: https://lnkd.in/gR54nbC3

Together with Frank Wagemans (Achmea Investment Management), Pim de Morree (Corporate Rebels), Willemijn Verloop (Rubio Impact Ventures) & Ines Mertens de Wilmars we'll explore at #CapitalIdeas how governance models and engagement can serve to maximising a company's positive impact.You'll get all the tools and knowledge you need to drive positive transformation through effective governance: https://zurl.co/zutu

How is Canada’s VC and private equity scene advancing DEI and ESG? The latest BDC Capital (Canada) report features insights from top industry leaders — take a look. 👇

At the risk of igniting a firestorm, this ESG/DEI report from BDC raises several issues, including: 1- BDC's VC operations have bled over $1 b. in write downs over the past 2 fiscal years at the same time as it has loudly proclaimed its fealty to DEI and ESG. So, financial results seem untethered from these value commitments; 2- the report smacks of 'peak woke' thinking and as such is out of tune with the pushback against this value system that erupted on Nov. 5 with the US elections. The current federal government, BDC's sole shareholder, has pushed its progressive agenda across multiple policy and issue areas from foreign aid to defense and venture capital. Needless to say, incumbent governments are at great electoral risk today and we should be prepared to see a pullback from BDC's fulsome DEI and ESG loyalty after the next election when an incoming government of another political persuasion expresses different priorities for its crown corporations including BDC,EDC and FCC; 3- a new government, more attuned to developments in Washington, won't appreciate one of its arms making the sort of statement in the report to the effect that, " despite the overall trend toward ESG disclosure ...skeptics remain in the US and elsewhere". Here, 'elsewhere' looks like an afterthought. Nor will it be enamored of," LP's should invest in managers with strong DEI and ESG values and performance." .There's the gatekeeper telling the private sector what to do.

BDC Capital (Canada)'s latest report examines the evolving role of DEI and ESG in Canada’s VC and PE industries, offering important insight and benchmarks to help GPs align with investor expectations and drive long-term value in a shifting market. Read more 👇

Join Bogdan tomorrow in Budapest at Equity Thursday by Lead Ventures & HVCA in a discussion on the current state of the CEE investment ecosystem, but also some behind the scenes less-known facts on dealmaking and investing. #panel #event #underline #speaker #venturecapital