ESG climbs limited partners’ due diligence agenda
As, Peter Mallon, an associate at MJ Hudson, notes, sustainable investment within the PE space is on the rise. “From the legal documents side, ESG policies are becoming more prevalent in PPMs and side letters. In time, we hope to see attitudes toward ESG change further, with more PE managers agreeing to be bound by their own ESG policies, and therefore to including such policies in the LPA,”