We're conducting our 2022 Sustainable Investing Survey to measure how private market participants are incorporating impact strategies and/or ESG risk factors. Take the survey here.
Today's Top Stories
A guide to ESG and impact investing in real estate
Real estate touches every aspect of our lives—from our homes and offices to the land our food is grown on—yet many investors still have questions about how ESG and impact investing fit into this complex asset class.
Our latest analyst note aims to demystify the sustainable investing landscape by exploring ESG-related risks and sustainable investing opportunities presented in private market real estate investments, across strategies and property sectors. Our analyst breaks down the sector's opaque terminology and provides concrete examples of risk and opportunity areas, including climate change adaptation, supply chain management and green buildings.
Address back-office challenges now to maximize value creation
For private equity firms, maximizing growth on an investment is a top priority and the value to be gained from an efficient and effective back-office function cannot be underestimated. Back-office functions are the backbone of any organization and sustaining high performance requires a focus on data, people, processes and technology strategies.
Never has there been a more pivotal time than now to address the strategy, structure and services provided by the back-office functions of a PE-owned portfolio company. Don't be fooled by the name, the back-office affects the whole organization.
From accounting to HR to IT, unlock outcomes to overcome back-office challenges with RSM's interactive experience.
PitchBook is taking the pulse of investors and other private market participants on their incorporation of impact strategies and/or ESG risk factors. Please share your firm's approach to sustainable investing and what drives it. The survey will take about 10 minutes.
All who complete the survey will have the opportunity to enter a prize drawing, and for each completed response, PitchBook will make a donation to World Central Kitchen.
Why this year may be a time for the market's longtime bears, like Tesla short-seller Mark Spiegel, to finally shine. [Institutional Investor]
Texas finds itself in an increasingly dangerous feedback loop: As summers warm, more AC stresses the state's isolated power grid and drives up emissions, further accelerating global warming. [Wired]
The private market players betting on Hollywood's movies and the infrastructure required to film them. [Hollywood Reporter]
Delfi Diagnostics raises $225M for early cancer detection
Delfi Diagnostics has raised a $225 million Series B led by DFJ Growth. The company is a developer of liquid biopsy tests for early cancer detection and monitoring.
HireArt has raised a $26.25 million Series B led by Three Fish Capital, TechCrunch reported. The company provides a recruitment platform designed to help employers hire and manage contractors.
Meow has raised a $22 million Series A led by Tiger Global, with support from QED Investors and FTX. Based in New York, the company enables institutional and corporate investors to participate in cryptocurrency investing.
Berkshire Partners has invested in MedOne, an Israeli provider of colocation data center infrastructure. MedOne operates over 25,000 square meters of data center capacity across four secure underground sites in Israel.
Fundrise launches $1B fund to open tech to individual investors
Fundrise has launched its Fundrise Innovation Fund. The $1 billion growth equity vehicle will enable individuals to invest in a portfolio of private technology companies in sectors including AI and machine learning, modern data infrastructure and financial technology. The multistage fund will be available to any US resident regardless of net worth, unlike typical venture vehicles.
