Impact enthusiasm burns off the post-election fog
Proponents of sustainable investing in private markets are on high alert after the emphatic re-election of Donald Trump, but they will not succumb to pessimism.
Expert analysis by Toby Mitchenall
The sky may have been blue, but a metaphorical fog descended over part of Midtown Manhattan this week, rolled in on the back of a resounding election victory for Donald Trump.
“For me last week was a tough week,” said Scott E. Kalb , the former CIO of the Korea Investment Corporation. Kalb now spends his time pushing institutional investors to account for externalities in their investment activity. He was one of the keynotes at New Private Markets’ Impact & Transition Investors Summit and his speech included a sobering recount of various measures from Trump’s previous administration that reversed progress on climate and the environment, such as...