Novalpina Capital has become the latest PRI signatory to become embroiled in an ESG scandal after being identified as the majority owner of a spyware company at the centre of a controversial surveillance operation.
The private equity investor signed up to the PRI - shorthand for the UN-backed Principles for Responsible Investment - in 2017. But now one of its holdings, Israel’s NSO Group, has been accused of being complicit in surveillance operations that may have targeted high-profile political figures including French President Emmanuel Macron and 13 other heads of states, in addition to numerous politicians, activists and journalists.
At least two journalists identified as potential targets for NSO surveillance - the Washington Post columnist Jamal Khashoggi and freelance reporter Cecilio Pineda Birto - have been murdered.
In addition, US intelligence officials have suggested that Israel's own intelligence agencies may have special p…