ClearlySo in New Private Markets: Linking Carried Interest to Impact: the ‘Who?’ and the ‘Why?’
ClearlySo's David Gowenlock shares his comments on PE/VC managers beginning to link a fund's carried interest to positive social or environmental impacts in addition to a return hurdle and why this might be, in this piece by New Private Markets.
Some PE/VC managers are starting to link a fund’s carried interest to positive social or environmental impacts in addition to a return hurdle. This article, published by Vicky Meek in New Private Markets covers this important topic, where David Gowenlock, Fund Advisory at ClearlySo suggests it may be a trait more common of emerging managers possessing both more flexibility to use such mechanisms, and a greater desire to stand out and demonstrate their impact intentions.
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