APG fields first major institutional chair of private equity body

first_imgJankovic previously chaired the association’s responsible investment roundtable. She told IPE it was the first time that Invest Europe had as its chair someone who specialised in responsible investment.She said much had been achieved in the field, such as the development of an ESG due diligence questionnaire for general partners (GPs).One of her goals is to push climate change higher up the agenda at the association.“We need to ensure that this growing trend from the limited partner base to engage with GPs on climate change is made visible and that GPs get more and more comfortable with having a systematic approach to climate change risk assessment,” she said. Marta Jankovic, senior responsible investment and governance specialist, APGPrivate equity is in strong demand and APG’s Jankovic said this was positive for the European economy. At the same time, she added, it was important to have an association supporting the growth of private equity that brings together GPs and limited partners (LPs).According to Invest Europe data, private equity fundraising reached an eight-year high in 2016, with pension funds contributing one-third of the capital raised. Data firm Preqin recently said fundraising periods were becoming shorter as a result of the strong demand.APG has a strong commitment to private equity as an asset class, Jankovic said, and recognised the importance of having a voice in the industry association.“The symbolic value is very high and I really hope personally that the fact APG is chairing Invest Europe this year sends a signal to institutional investors more broadly in Europe about the value of being part of the association,” she said.Having an institutional investor in the role of chair “shows institutional investors are comfortable with private equity as an asset class and believe in it”, she added.“We also believe that it needs to be transparent about how it operates in the market and needs to continue to adhere to high professional standards.”As chair of Invest Europe Jankovic succeeds Gerry Murphy, senior managing director and chairman of Blackstone Europe. Under his tenure, Invest Europe launched a pan-European private equity activity database, in partnership with national venture capital associations, announced new EU venture capital funding initiatives and launched Invest Week, a series of events for policymakers.The chair of Invest Europe is selected from one of four different industry segments – venture capital, mid-market, large buy-out and LPs – on strict rotation. Jankovic was selected by the members in the LP platform.Michael Collins, chief executive of Invest Europe, said: “Marta’s contribution to Invest Europe’s work on professional standards, investor reporting guidelines and responsible investment is invaluable and we are delighted that she has agreed to step into the role of chair for the coming year.” Dutch pension asset manager APG is fielding the new chair of Invest Europe, marking the first time a major institutional investor has the role at the European private equity and venture capital association. Marta Jankovic, senior responsible investment and governance specialist at APG, has been appointed to the role, effective immediately. She will hold the position for one year.At APG, Jankovic oversees the integration of environmental, social, and governance (ESG) considerations into the €452bn manager’s private equity allocations and investment solutions that contribute to the UN Sustainable Development Goals.“I want to highlight the important role private equity can have on the environment and society at large and look forward to helping to shape this key work,” she said.last_img read more

Napoli agree Ospina deal, Aurier almost left Spurs, Lookman to leave Everton?

first_img RANKED Tony Cascarino backs Everton to sign two strikers for Carlo Ancelotti moving on Arsenal are ready to sell Mohamed Elneny to Marseille in a move to reduce their wage bill. Allowing the 26-year-old midfielder to head to the French giants could save £55,000 per week, claim reports. (Daily Mail)Joel Campbell could also be set to leave the Gunners, with the 26-year-old forward poised to join newly-promoted Serie A club Frosinone in Italy. (Tuttomercato)Schalke are looking to make permanent singings and are NOT interested in loan deals for Tottenham left-back Danny Rose or Chelsea youngster Ruben Loftus-Cheek. (Sky Sports)Ander Herrera is happy at Man United and wants to extend his future at Old Trafford, with the 29-year-old’s current deal set to expire next June. (Daily Mirror)Liverpool’s 22-year-old midfielder Marko Grujic is likely to join a foreign club on loan, after rejecting offers from Cardiff City and Middlesbrough. (Evening Standard)Danny Drinkwater could be heading for a loan move away from Chelsea, having fallen down the pecking order at Stamford Bridge. (Daily Star)Lee Cattermole is said to be eager to join former Sunderland manager Gus Poyet at Bordeaux, with the Black Cats also keen to reduce their wage bill following their drop to League One. (The Guardian) Man United joined by three other clubs in race for Erling Haaland Top nine Premier League free transfers of the decade LATEST 3 Napoli have reportedly agreed a deal with Arsenal to sign David Ospina on loan. The Colombian ‘keeper has recently fallen down the pecking order at the Emirates after the arrival of Bernd Leno. FULL STORY HERE.Rangers believe they can complete a deal for Hearts striker Kyle Lafferty in the next 48 hours. The Glasgow club have been chasing the 30-year-old this summer but have been frustrated in their attempts to land Lafferty after Hearts knocked back a £200,000 bid for their former player last month. FULL STORY HERE.Everton starlet Ademola Lookman could still leave the club and join RB Leipzig this summer, with the Bundesliga outfit not giving up hope of landing their former loanee. FULL STORY HERE.Tottenham right-back Serge Aurier was reportedly primed to move to Atletico Madrid this summer before the deal collapsed at the last minute. Aurier, 25, moved to the north London club from Paris Saint-Germain last summer for £23million, but Spurs were open to letting him go. FULL STORY HERE.  Harry Maguire is set to be rewarded for his brilliant summer for England with a new bumper contract at Leicester LIVING THE DREAM It’s not clear what the exact reason for Aurier’s move collapsing is Paul Pogba is NOT heading to Barcelona this summer. The Spanish giants have ended speculation over a move for the Manchester United star, with club director Ariedo Braida revealing they have no plans to sign him before the end of the transfer window. (Daily Mirror)However, he hinted a future offer is not off the table, calling Pogba a “great player”. (Daily Mirror)Zinedine Zidane wants to replace Jose Mourinho as Manchester United manager. The World Cup winning hero is currently without a job after leaving Real Madrid at the end of last season, having led the Spanish giants to a third consecutive Champions League title. FULL STORY HERE.Atletico Madrid defender Diego Godin has revealed he turned down a potential summer move to Old Trafford for “personal reasons”. (Daily Mirror)Harry Maguire is set to be handed a new £75,000-a-week contract by Leicester City, following his impressive World Cup for England and subsequent links with a move to Manchester United. (Daily Telegraph) Latest transfer gossip on talkSPORT.comcenter_img 3 targets The transfer window in England is closed but it remains open across Europe and there is still plenty of business to be done involving Premier League clubs this summer.Here’s a round-up of the latest news, rumours and gossip… The biggest market value losers in 2019, including Bale and ex-Liverpool star Where every Premier League club needs to strengthen in January targets Kevin De Bruyne ‘loves Man City and wants to keep winning’, reveals father IN DEMAND REVEALED Arsenal transfer news LIVE: Ndidi bid, targets named, Ozil is ‘skiving little git’ 3 Cavani ‘agrees’ to join new club and will complete free transfer next summerlast_img read more