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NYC’s Head of ESG Says Managers of Private Markets Are Unbothered by Backlash

John Adler, the head of ESG for retirement systems in New York, revealed recently that there had been no withdrawals on environmental, social and governance (ESG) among managers of private markets. In a recent interview, Adler explained that private market managers were focused on strengthening their ESG processes and had already allocated more resources to work on these initiatives.

He called to attention the differences between managers of private markets and their public market counterparts, noting that while both sides…

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