Petra Funds Group has launched a brand new outsourcing service to assist ESG professionals inside the non-public fund sector.
The providing contains end-to-end assist with ESG technique, due diligence, portfolio monitoring, and regulatory reporting.
Tamara Shut has been employed by Petra to guide the brand new providing from North America. Shut has greater than 25 years’ expertise in ESG technique throughout non-public and public markets. She is a former senior govt at PSP Investments and founding father of Shut Group Consulting.
“Our rising bench of skilled sustainability professionals has deep experience throughout each the US and European LP and regulatory panorama in addition to the sensible elements of constructing out high decile accountable funding packages, all of which is vital to offering worth to our shoppers,” stated Charlie Chipchase, managing director and head of Europe at Petra.
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“Tamara’s expertise as a capital allocator and advisor to main GPs offers her very related perception into what LPs search for in terms of the sustainability traits of the funds they put money into.
“She can be instrumental within the launch of this new providing – we’re thrilled to welcome her to Petra.”
Petra’s outsourced ESG director service gives non-public funds with an skilled ESG skilled on a fractional foundation who can function as an extension of the agency. It has been designed to work with companies which have already got in-house sustainability executives, in addition to these with out.
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“We proceed to see a requirement from non-public funds for sustainability experience in North America pushed by the evolving wants of restricted companions and regulators,” stated Stephen Coats, co-founder and managing companion at Petra.
“This providing is designed for funds that want further assist or are dealing with hurdles hiring in-house ESG expertise by offering entry – on a brief or prolonged foundation – to seasoned sustainability professionals who can assist companies in a cheap approach by implementing and executing best-in-class ESG packages and initiatives.”
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