As sustainability moves up the agenda, private debt funds can help build a collective approach to ESG issues from institutional investor level through to portfolio practices, says Sonia Rocher, managing director in BlackRock’s European private credit group.
For debt funds with more limited access to managers, leveraging influence at the due diligence stage is critical to responsible investing, says Coralie De Maesschalck, head of portfolio and ESG at Kartesia.
Putting ESG at the heart of decision-making leads to better credit selection and higher returns, argue Theresa Shutt, CIO, and Paul Colatrella, managing director of infrastructure debt, at Fiera Private Debt.
Covid-19 has presented the private debt market with both challenges and opportunities. William Brady, Mei Lian, Luke McDougall, Diala Minott and Jennifer Yount of Paul Hastings assess some of the major developments.