New Private Markets

At Impact Investor Global Summit in London, investors pointed to resilience, supply chain security and operational efficiency as key drivers of returns in impact strategies. “Improving a system even by 5 or 10 percent is highly impactful, but it also generates a lot of return,” said Novo Holdings’ Anders Bendsen Spohr. From circular supply chains to decarbonisation-led value creation, the message from allocators and managers was clear: impact strategies are increasingly being judged on competitive advantage and financial outcomes. Read more: https://okt.to/8F67RJ #ImpactInvesting #PrivateMarkets #ClimateInvesting #EnergyTransition #SustainableFinance

APG Asset Management says it is on track to hit its €10bn impact private equity target by 2030, helped by a rapidly evolving market and closer collaboration with GPs. “We are on track, and that has to do with the fact that in the last couple of years, the market has really developed significantly,” said APG’s Matteo Millone at Impact Investor Global Summit in London. The €615bn investor has broadened its impact focus beyond lower mid-market buyouts into venture, growth and infrastructure, while also working with managers to strengthen impact frameworks and launch dedicated strategies. Read more: https://okt.to/SKCEev #ImpactInvesting #PrivateEquity #PrivateMarkets #SustainableFinance #ImpactInvestorGlobalSummit

Influencers in Sustainable Private Markets 2026. Meet the fund managers aligning capital with impact and shaping the future of sustainable private markets: https://okt.to/70mHgR 🧩 Eduardo Silveira Mufarej, Just Climate: Mobilising capital for climate investments in emerging markets, with a strong focus on Latin America. 🧩 Nasir C. Qadree, Zeal Capital Partners: Championing inclusive investment strategies while delivering strong LP support and returns. 🧩 Tazia Smith, Closed Loop Partners: Leading a systemic approach to the circular economy across venture, private equity and credit strategies. 🧩 Robert Sroka, Abris Capital Partners: Driving innovation in ESG value creation, including new frameworks linking sustainability to exit outcomes. #SustainableInvesting #PrivateMarkets #ImpactInvesting #ClimateFinance #EnergyTransition #ESG #InstitutionalInvestors

💼 Friday Letter: Impact follows the returns 🔹 At the Impact Investor Global Summit, investors pointed to a growing shift toward home markets, Europe and selected emerging markets as geopolitics reshapes allocations. 🔹 “Resilience” emerged as a defining theme, with circular supply chains and resource efficiency increasingly viewed as sources of competitive advantage. 🔹 The message from allocators and GPs was consistent: impact strategies gain traction when they clearly improve performance, margins or long-term value. Has impact investing finally moved beyond the “values versus returns” debate? Read this week’s Friday Letter. #NewPrivateMarkets #FridayLetter #ImpactInvesting #PrivateMarkets #ClimateFinance

LPs are still not actively seeking circular economy investments as a standalone strategy, according to Cambridge Associates’ Ratana Tra, CFA at Impact Investor Global Summit in London. “It’s not LPs actually asking. It’s more like us putting those ideas to our clients,” he said. Instead, circular economy investments are increasingly being positioned as complementary to broader climate and energy transition strategies, particularly as supply chain resilience becomes a bigger priority. Read more: https://okt.to/ktlucd #CircularEconomy #ClimateInvesting #ImpactInvestorGlobalSummit2026 #ImpactInvesting #SupplyChains

CalPERS held “about 50 different engagements” with public and private portfolio companies last year, including discussions around labour standards, according to sustainable investments director Travis Antoniono at Impact Investor Global Summit in London. “There isn’t compromise on this issue,” Antoniono said, referring to the pension giant’s labour principles. CalPERS requires all of its fund managers to adhere to standards covering collective bargaining, forced labour, child labour, discrimination and workplace safety. Read more: https://okt.to/2DUApx #ImpactInvesting #ImpactInvestorGlobalSummit2026 #SustainableFinance #ESG #LabourRights

Impact investors are moving from experimenting with AI to preparing for wider adoption. “Right now in the industry, we are seeing a focus on productivity and experimentation as opposed to wider-spread adoption,” said Rally Assets’ Ryan Clancy, CPA, MPA, head of impact management and AI strategy. Clancy expects AI use across impact investing to accelerate as firms gain more trust in the outputs, while governance, energy use and bias remain key areas of focus. “One of the promising things that I’m seeing is the role of guardian agents… an agent that actually tests its accuracy.” Read more: https://okt.to/9hs4wU #AI #ImpactInvesting #PrivateMarkets #SustainableFinance #ArtificialIntelligence

Impact investors are increasingly looking closer to home. “‘Close-to-home’ investing is increasingly something that we keep hearing from clients,” said Collective Action co-founder Xenia Loos at Impact Investor Global Summit in London. Speakers said allocators are doubling down on domestic and regional opportunities amid geopolitical uncertainty, with Europe emerging as a growing focus for impact capital. At the same time, ResponsAbility Investments CEO Nadia Nikolova noted rising interest in emerging markets diversification: “For the first time in 15 years I’m having local currency conversations.” Read more: https://okt.to/NQctMW #ImpactInvesting #PrivateMarkets #SustainableFinance #EmergingMarkets #Europe

Thank you to everyone who attended, partnered with, and spoke at the Impact Investor Global Summit this week. Across two days, we brought together over 650 members of the global impact and thematic investing community for candid discussions on the state of the market and what comes next. From capital flows, emerging markets and blended finance to sustainable investing in a shifting global context, the big AI picture and the future credibility of impact itself, the conversations reflected the questions investors are asking now: where capital can move, what remains investable, how impact can be measured credibly, and what the market must prove next. Closing out this year’s Summit, Toby Mitchenall, Senior Editor for New Private Markets, shares an overview of his experience at the event. #ImpactInvestorGlobalSummit2026

At the Impact Investor Global Summit, we hosted a panel recognising impact's leaders, joined by the New Private Markets Global Awards winners shaping the future of impact and ESG investing across private markets. Travis Antoniono from CalPERS spoke about the importance of discipline and realism in sustainable investing: “We have to understand the world that we live in today, not necessarily the world that we want to live in.” Matteo Millone, Ph.D. from APG Asset Management highlighted how impact investing has been embedded across the organisation, with investment professionals expected to understand concepts such as theory of change, intentionality and impact measurement as part of everyday investing. Ryan Cameron from Regenerate Asset Management described the momentum building in regenerative agriculture and natural capital investing as “catalytic change making,” pointing to the growing scale of opportunity across food systems and carbon markets. Congratulations again to all the winners and runners up recognised at this year’s awards. You can explore the full list of winners here: https://okt.to/mOEwd6 #ImpactInvestorGlobalSummit2026