ImpactAlpha: Is private equity’s employee ownership plan the real deal?

ESG

Many impact investors want to address the growing wealth gap that is undermining democracy and economic stability in the U.S. But if employees get a small percent of the equity shares in a private equity portfolio company, while executives get a lion’s share, the wealth gap will continue to grow. “This is not the solution,” says Delilah […]

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ImpactAlpha: Expanding the ‘S’ in ESG to account for the full scope of corporate impact on workers and communities 

ESG

From the Great Resignation to the historic worker-organized unionization of an Amazon warehouse in Staten Island, N.Y., worker empowerment represents an increasingly important lever for corporate accountability. The bottom-up grassroots energy, combined with top-down government action, creates a unique opportunity to advance the conversation around the role of corporations in society and the ‘S’ in ESG […] As we […]

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Next City: Former Wall Street Pro Says to Tackle Inequality, Start With Changing Wall Street

System-level investing

The Predistribution Initiative is devoted to reducing inequality by changing the basic business practices of Wall Street. What will it take for it to succeed? Delilah Rothenberg has obsessed over inequality since her college years at NYU, where she studied neo-colonialism and neo-imperialism as a triple major in history, politics and African Studies […] Rothenberg […]

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New Private Markets: ‘Regulatory arbitrage’ threatens private markets if SEC does not keep pace 

The Predistribution Initiative, a US-based non-profit organisation seeking to create a more equitable global financial industry, hosted the virtual discussion, which covered recent and upcoming rules proposals from the US Securities and Exchange Commission […] According to Delilah Rothenberg, The Predistribution Initiative’s executive director, regulatory loopholes do not stop at environmental reporting. “Inequality is growing […]

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New Private Markets: Why tax is creeping up the ESG agenda

Predistribution Initiative, a US-based non-profit organisation supporting financial industry reform, is helping to launch the framework to help reduce “systemic risks to the health of the overall economy”, Delilah Rothenberg, the group’s executive director, told New Private Markets in an interview in January. TIFD is not expected to launch for a few years. In the […]

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New Private Markets: How to do for inequality what the TCFD has done for climate

A group of organisations dedicated to improving economic inequality throughout global markets is preparing to launch a new reporting framework that will push for more expansive financial disclosures from private investors. The framework will provide institutional asset owners, government policymakers and other stakeholders with guidelines for collecting data about how the investment structures and business […]

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Forbes: The Role Of Systemic Stewardship In Addressing Income Inequality

Investors

Income inequality needs to be dealt with in a similar manner as climate change because they are both systemic problems. Income inequality affects companies in every industry and all asset classes, harming long-term valuation creation and hindering investors’ returns. Like climate change, this problem transcends portfolios, and creates a ripe opportunity for investors, and the […]

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