ESG: Green Shoots Take Root in Private Debt
By James Harvey – HFM Week-Alt Credit
In speaking with HFM Week, Art Penn explained that being willing to walk away is an essential part of ESG investing in private debt. “As a lender, you have most leverage over ESG factors at the start of the investment process, so it’s important to be thorough and ask the right questions,” he said. “We take the position that no loan is too important to overlook ESG red flags.”