Private equity firms that fail to develop and communicate environmental, social and governance (ESG) policies are likely to find it increasingly hard to raise funds from investors, according to PricewaterhouseCoopers. “Every private equity house recognises the pressure [on ESG] coming from investors, yet relatively few have policies and procedures,” said Malcolm Preston, PwC’s London-based global […]
Banco Santander Brasil SA (BSBR, SANB4.BR) on Thursday said it has spun off its private equity operations into a new company, with assets of some 1.3 billion Brazilian reais ($735 million) to invest in infrastructure, and with plans to raise BRL800 million to invest in oil and gas. Santander, a unit of Spain’s Banco Santander […]