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5 minutes with… Novata

by Krystal Scanlon 15 December 2021

TDD: What does Novata do and how does it help private equity?

Alex Friedman (AF): Novata is a new public benefit corporation, which was set up in summer 2020 and designed to do three things. First, to provide an “on ramp” for private companies (largely owned by PE firms) to figure out what ESG metrics they should track. Second, it’s a secure place to store those data metrics and control who has access to it.

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