The majority of limited partners (LPs) and general partners (GPs) are embracing an "ESG or nothing" approach in private markets, a recent report by PwC Luxembourg has shown.
The report - GPs' Global ESG Strategies: Disclosure Standards, Data Requirements & Strategic Options - indicated that over three quarters of LPs and GPs plan to cease investing in or promoting non-ESG private market products by the end of 2025.
The report was based on a comprehensive survey of 300...