PE has prospects for longer-term sustainable investing: Guernsey Finance webinar

One of the leading figures in private equity in Europe has proposed that a move away from the standard 10-year lifespan of a private equity fund could be a boost for sustainable finance. Guy Hands (pictured) told a webinar hosted by Guernsey Finance, staged as part of Climate Week NYC 2020 this week, that he believed that longer-life funds and long-term investment would grow in popularity. "I think the investment traditional strategies that mainly focus on going for short-term profits rather than focusing on long-term earnings, particularly when you get interest rates down at these so...