Petra Funds joins forces with Novata

by Matthias Plötz 17 August 2023

Petra Funds has partnered with Novata to assist funds, their portfolio companies and investors to collect, analyse and report on data required to meet their regulatory, investor, value creation and sustainability goals.

Novata’s platform offering will be joined by Petra’s ESG advisory services to provide identification of ESG metrics best aligned with funds’ sustainability strategies, and benchmark the results against their peers and the market. Additionally, the partnership should assist with meeting regulatory and investor reporting demands.

Charlie Chipchase, head of ESG at Petra, said the “ESG landscape continues to proliferate and regulatory and investor reporting requirements become more complex”, and cited the need for a flexible yet comprehensive ESG data-driven solution for firms.

He went on to say how through the partnership, the company aims to solve ESG challenges “while instilling better risk management and creating a sustainable future”.

Categories: NewsESGESG updateOutsourcingIT & cyber securityReporting & Transparency Reporting softwareTechnologyReporting softwareTech providers

27 November 2023

Profile: Martim Avillez, Limerston Capital

The COO and founding partner discusses setting up the firm’s operations, combining them with his investment duties and navigating difficult times

28 November 2023

Luxembourg’s private debt industry expands

According to a KPMG survey, AUM grew by 51% during the last year; changes in fund vehicles but LP base largely unchanged

28 November 2023

Bite Investments launches wealth management feature

Company’s platform to connect asset managers with wealth managers to facilitate fundraising

28 November 2023

Carbon Accounting Alliance launches

Group of 35 organisations represents emissions of 24,000 companies

27 November 2023

Home game Sweden

A change in tax legislation and ethical considerations are leading Swedish PE firms to onshore their funds

24 November 2023

JTC acquires Blackheath

Fund administrator expands its ManCo services for UK-based funds