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Private equity firms step up plans to recruit ESG specialists

In addition to recruiting more ESG-dedicated staff, buyout groups are also drafting plans to increase diversity

Private equity firms are planning a hiring spree to increase the number of dedicated responsible investment professionals they employ, as pressure to address environmental, social and governance issues intensifies.

Two thirds of general partners responding to secondaries specialist Coller Capital’s annual ESG report said they expect to increase their existing in-house ESG resources, while 5% have said they will be appointing their first dedicated person.

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