Petra Funds launches outsourced ESG director service

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Petra Funds Group has launched a brand new outsourcing service to assist ESG professionals inside the personal 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 personal 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 points of constructing out high decile accountable funding applications, 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 with regards to the sustainability traits of the funds they spend money on.

“She shall be instrumental within the launch of this new providing – we’re thrilled to welcome her to Petra.”

Petra’s outsourced ESG director service offers personal 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 corporations 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 personal funds for sustainability experience in North America pushed by the evolving wants of restricted companions and regulators,” stated Stephen Coats, co-founder and managing accomplice at Petra.

“This providing is designed for funds that want extra assist or are going through hurdles hiring in-house ESG expertise by offering entry – on a short lived or prolonged foundation – to seasoned sustainability professionals who can assist corporations in a cheap manner by implementing and executing best-in-class ESG applications and initiatives.”

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