P/E world: Private equity firms often have a pool of companies wholly owned or invested in and managed and advised by them in portfolio …this is the ambitious domain of the private equity (P/E) universe.
The leading publicly-traded P/E leaders are familiar names to institutional investors: Blackstone (NYSE:BX), The Carlyle Group (NASDAQ:CG), Apollo Global Management (NYSE:APO), and Kohlberg, Kravis Roberts (NYSE:KKR). There also well-known P/E companies not publicly-traded such as TPG Capital and Bain Capital (which owns, invests in and advises portfolio entities).
A small pebble dropped into a pond will send out ripples that carry across the stretch of water, bouncing off the opposite shore and sending waves back. “Ripple effect” is something we hear often as a business metaphor. We are focused today on the powerful ripple effect of carbon emissions through the economy, through a company’s global supply chain, and on through the regulatory universe as more governments take up pricing schemes on emissions, and so on.
A highlight of the numerous celebrations of the 2021 Climate Week / Earth Day around the world was the hosting of a “global summit” of leaders from 40 nations and sub-governments, the investment community, the corporate community, NGOs, and advocates, the E.U., multilateral organizations, indigenous communities, and others – hosted by the United States of America.
Yes, this is Climate Week, being observed just about everywhere on this precious Blue Orb floating in space. The varied observations are “surrounding” the now-50-plus-one years of celebrating Earth Day in midweek. (US Senator Gaylord Nelson of the State of Wisconsin back in April 1970 was the moving force behind the first Earth Day in the United States of America.)
Springtime comes to the USA with the pretty flowers in bloom, trees budding, the onset of warmer weather -- and asset owners and their managers participating willingly or reluctantly in the peak months of corporate proxy voting season. Typically, the corporate issuer develops the resolution(s) for voting by the shareholder base – for example, election of nominees for the board and approval of the outside auditing firm. And then… there are the resolutions prepared by the shareholders, usually not to executives liking.
Buzz… Buzzz… Buzzzzz! The current buzz among key stakeholders – investors, corporate boards & management, NGOs, government regulators, stock exchanges, ESG raters & rankers, ESG corporate disclosure standards and frameworks managers – is centered on “Quo Vadis”…where do we go from here!
At certain times, an unknown unknown may strike, rapidly triggering a serious crisis situation. Think of a tsunami or earthquake. Many other times the crisis situation occurs and there is a dozen, maybe dozens of precursor events or activities that over time if neglected set up the going over the cliff situation. The G&A Institute team collectively has helped to manage literally hundreds of critical events or crisis situations over the years for clients. We have seen many crisis situations over time -- but none with the scale of the dangers posed to humanity and planet by climate ch
Federal policymaking and regulation with respect to investor risk and opportunity is a complicated story played out over almost a century. The modern era of laws passed/rules adopted to implement got underway in earnest in 1933 and 1934 following the October 1929 “Black Tuesday” stock market crash and subsequent failure of Wall Street firms and banks. The Securities Act of 1933 and The Exchange Act of 1934 are the solid foundations of most of the investor protection laws and rules that have followed.
As he assumed the post of the highest elected public officer of the United States, President Joseph Biden characterized his [as the] “Climate Administration” and immediately (the fabled Day One actions) set out a very ambitious “climate crisis” policy agenda for action by the many arms of the Federal government agencies under his control. (Notably, all cabinet offices with their great reach.)