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ILPA ESG Resources: Assessment Framework Utility Depends on Stage of LPs' and GPs' ESG Programs

Private Equity Law Report

12 Oct 2021

Suz Mac Cormac spoke to Private Equity Law Report about the Institutional Limited Partners Association's Assessment Framework, which sets out four categories of environmental, social, and governance (ESG) integration activities and processes.

"The Framework is a good guide for a GP that doesn't know much about ESG and is looking to appease its LP base because it sets out where LPs think other GPs are," Suz said.

However, she added that the Framework is less useful for assessing GPs that have advanced ESG programs.

"The Framework strikes me as an LP checklist as opposed to something that would be practical for a GP to use," she said. "That is not how I approach advising GPs on their ESG programs."

Read the full article.

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