As the world emerges from the pandemic with high inflation, vast inequalities, and rising oil and gas prices, it seems timely to ask how much we can expect of investors and businesses in our current system. While individual investors — people and firms — are taking on climate change and other systemic risks like inequality […]
Should we worry that non-financial corporate debt is at a historic high (both in absolute terms and relative to GDP)? Though in theory financial vulnerabilities should be of concern, there are reasons to think that alarm bells may not be ringing quite yet. In a recent opinion brief, Robert Armstrong has recently looked at this issue, and come out not “terribly […]
Read More… from A Huge Amount of Corporate Debt Might Not Be Ok for Society and Investors
“The private equity industry is growing in importance. In recent years, companies have remained private longer. Furthermore, limited partner (LP) allocations to private markets continue to increase as underfunded pensions and endowments search for yield in a low interest rate environment, and in pursuit of diversification as the universe of public companies shrinks. From our […]
Read More… from PRI: Aligning private equity investment practices and structures with ESG goals