LDC hires ESG director from Deloitte

Bexon will help the firm pursue its own ESG commitments, which include ensuring LDC's operations are net-zero by 2030, addressing diversity and inclusion, and continuing to champion the principles of good corporate governance, according to a press release.

Bexon joins from Deloitte, where he spent 10 years in the firm's ESG advisory team.

LDC is committed to investing in at least 100 mid-market businesses over the next five years, according to the press release. Typically, the sponsor makes an initial investment in the GBP 10m-50m range and up to GBP 100m for partnerships to support growth strategy with follow-on funding in the long term, according to Unquote Data.

Increasingly, sponsors and advisors alike are bolstering their ESG teams to pursue various ESG-related initiatives. Among those making ESG hires were Pantheon and Aztec, appointing new ESG heads in May and April 2022 respectively; Inflexion hiring an ESG director in February 2022; and Goldman Sachs hiring an ESG director in November 2021.

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