EXCERPT FROM ARTICLE, KKR, Carlyle Deepen ESG Focus on Deals, by reporter Tom Stabile
Whether institutional investor clients will reward fund managers that use ESG criteria in their investments is not yet clear, however. A public statement of adherence to ESG should be a differentiator for some clients at least, says Bruce Frumerman, CEO of Frumerman & Nemeth, a marketing and communications strategic consultancy.
"It's particularly helpful for a private equity firm that is looking to have a greater presence serving the family office or endowment or foundation world," he says. "[If managers] educate enough of those target markets and deliver acceptable returns, they [will be remembered] in investment committee meetings."
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