| |
We're updating how we send email. Look for our new news-noreply@news.pitchbook.com address, and add us to your safe senders list.
Check out our FAQ for details. | | | | | |
| |
| In today's Daily Pitch, you'll find: | | | | | |
| |
| |
| Sustainable Investment Survey shows ESG politicization | | This summer, we surveyed more than 500 LPs, GPs and service providers about their sustainable investment practices, gathering information on the motivations, metrics and challenges of a field that is getting ever more attention.
Our 2022 Sustainable Investment Survey illuminates the drivers behind investment decisions, breaking down data by region and respondent type. The report also highlights perspectives of allocators and VCs, along with contrasting views on ESG. Takeaways include: - 73% of European asset managers use an ESG risk-factor framework and 70% offer impact investing strategies, compared to 56% and 61%, respectively, for North Americans.
- 78% of VCs have either fully or partially integrated sustainable principles into their investments, with social impact among the most important drivers.
- As ESG investment grows, so does opposition to it; the percentage of respondents who have no plans to incorporate sustainable investment practices nearly doubled over 2021, mainly driven by North American LPs.
- Difficulties measuring outcomes and benchmarking goals are the biggest obstacles for sustainable investing, highlighting the ongoing data-related challenges.
| | | | | | | | | Africa's fintech market defies VC downturn | |  | | (Wara1982/Shutterstock) | | | Africa's fintech startups are on track to match last year's record amount of venture activity despite a global slowdown in investments.
A growing urban population and more success stories coming out of the region are among the factors helping African fintech's expansion. | | | | | | | |
| |
| A message from DealCloud, by Intapp | | |
| How data integrity can increase firmwide efficiency | | It's no surprise that the financial services sector relies on data for nearly every aspect of business: maintaining profit margins and analyzing risks, outperforming competitors, completing deals, and managing client relationships.
Those most closely involved with data management know the value of a data set is only as good as the quality of the data. For data to provide value, it needs quality, accuracy, and validity.
To safeguard business and comply with regulatory stipulations, data integrity—the maintenance and assurance of accuracy and consistency over the data's lifecycle—should always be a top priority for financial services firms.
Download the whitepaper | | | | | | | |
| |
| Europe's young workers become more disillusioned with tech | |  | | (eamesBot/Shutterstock) | | | Young workers in Europe are feeling more dissatisfied with the tech sector amid the current economic downturn.
According to a new report, a lack of job security and career progression are among the primary reasons workers want to leave. | | | | | | | | | | Why Pfizer needs to prove it's ready to move on from COVID-19. [Bloomberg]
China's property crash is being called a "slow-motion financial crisis," as the impact of falling prices spreads to local government finances and the broader economy. [Financial Times]
GP-led secondaries are having a moment—but don't discount the traditional market. [Institutional Investor] | | | | | |
| |
| |
| | Since yesterday, the PitchBook Platform added: | | 647 Deals | 1927 People | 593 Companies | 16 Funds | | | | | | |
| |
| |
| |
| |
| |
| |
| 2019 Vintage European PE Funds | | | | | | |
| |
| |
| |
| NEA brings on Philip Chopin as partner | | | Philip Chopin has joined NEA as the firm's first Europe-based partner. Chopin, who was previously a partner with 83North, will focus on investments in consumer, fintech and enterprise software. | | | | | |
| |
| |
| Cellarity nabs $121M Series C | | | | | | | | | | OnX has raised $87.4 million in a Series B led by Summit Partners. The company is a developer of mobile mapping tech for outdoor recreationists. | | | | | | | Carbon6 raises $66M in equity and debt | | | Carbon6 has raised $66 million in debt and equity round led by White Star Capital. The company's ecommerce software infrastructure helps online entrepreneurs access business intelligence, manage inventory and more. | | | | | | | Horizon Blockchain Games secures $40M | | | | | | | | Stripes leads $26M round for Katalyst | | | | | | | | | | Eclypsium has raised $25 million in a Series B round led by Ten Eleven Ventures. Based in Oregon, the company is the developer of a security platform designed to help enterprise and public sector customers manage breaches across hardware, devices, firmware and software. | | | | | | | Vergent Bioscience collects $21.5M | | | | | | |
| |
| PitchBook webinar: Best practices for cash flow forecasting | | Don't miss our webinar on the best practices for cash flow forecasting.
We'll discuss the best strategies that allocators and private market investment advisers can use to manage alternatives portfolios. Our analysts will touch on best practices for setting commitment schedules and thinking about liquidity needs due to uncalled commitments. Key takeaways include: - Hear about cash-tiering strategies for uncalled commitments from PitchBook analyst and former LP Hilary Wiek.
- Learn how our analysts approach commitment pacing challenges by focusing on data and patience.
- Explore the LP cash flow forecasting and commitment pacing models now available to our clients.
Register now to secure your spot. | | | | | | | |
| |
| |
| Group including TPG, Temasek invests $450M in Form Energy | | | | | | | | BlackRock, Builders Fund back Acelero | | | | | | | | | | | | | | | Investcorp lands Sunrise Produce | | | Investcorp has acquired a majority stake in Sunrise Produce, a Fullerton, Calif.-based wholesale produce distribution company. Sunrise provides goods to the restaurant and resort, education, healthcare and retail sectors. | | | | | | | SK-backed Deltech acquires StanChem | | | SK Capital-backed aromatic monomers producer Deltech Holdings has acquired StanChem, a provider of emulsion polymers and protective coatings. StanChem serves customers in the architectural and industrial markets sectors. | | | | | |
| |
| |
| |
| Corsair sells NoteMachine divisions | | | | | | |
| |
| |
| Musk to buy Twitter for $44B after U-turn | | | Elon Musk's $44 billion acquisition of social media platform Twitter is back on. In a letter, his lawyers said Musk intends to buy the company at the previously agreed price of $54.20 a share after financing is received. The Tesla founder had previously tried to pull out of the deal, first announced in April, after saying he had been misled over the number of fake accounts on the platform. The dispute was due to go to trial later this month. | | | | | |
| |
| |
| |
| |
.jpg)
No comments:
Post a Comment