The Sustainable Finance Podcast: Solving Inequality and Climate Issues

One of the biggest institutional investors in the world, Nuveen, is putting its money where its mouth is.

In a podcast with Paul Ellis of Forbes, Radhika Shroff, managing director of impact investing at Nuveen, explains that the firm is looking to invest in "growth-stage businesses that are either solving a climate issue or an inequality issue" as the world warms.

"So, for example, me living in an apartment building in New York City, I'm going be impacted very differently from climate change than a small holder farmer living on the coast of India," Shroff says.

"So we're really focused on that confluence and saying it's not just that we need to think about how to get more carbon dioxide out of the air.

We do need to do that, but we also need to focus on ensuring that populations, wherever they are in the world, are resilient to climate change.

The first broad macro trend that we're seeing is that asset allocators are starting to see impact private equity as a mainstream asset class.

And importantly, I think they're also starting to see that you can invest with an impact fund and still expect the same returns that you expect from all of your mainstream

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