Experts from the Apex Group explained some of the trends involving ESG and private equity. : There's been a lot of talk about environmental, social and governance (ESG) issues dealing with hedge funds, but these topics are spilling over into private equity (PW) as well. PE has been hot in recent years, and the trends show no sign of it slowing down. Experts from the Apex Group explained some of the trends involving ESG and private equity.