For the first time this year, atrade association of “due diligence professionals” asked itsmembers whether they were thinking about the risks posed by sexualmisconduct. About 11 percent of survey respondents said they'vestarted questioning prospective fund managers about sexualharassment. (Photo: Shutterstock)
(Bloomberg) –Pension fund managers are starting to see sexual harassment as a material risk to theirinvestments, and they're going to be asking more questions.
AP2, a $38.5 billion Swedish state pension fund, is consideringways to evaluate private equity firms on their policies around the issue, making it one of thebiggest international investors put sexual misconduct on its radarfor due diligence.
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