Client Challenge – ESG Solutions for Fund Launch

A client that recently spun out from an established GP needed support to quickly build strong foundations for a scalable ESG program to help raise funds for an article 8 fund

The Solution – Petra’s Fund Launch and SFDR Solutions

Petra developed a scalable and realistic ESG program that was aligned to LP expectations and incoming regulations. This included a framework to enable regular screening and SFDR reporting to ensure capital deployment in a consistent manner through fund life. Petra also developed GP and fund-level ESG policies to ensure that the fund was meeting its regulatory, value creation, reporting, and impact goals.

Key Results

• Developed a scalable ESG program in <30 days
• Client met $1bn fundraising goal
• Client met SFDR Article 8 requirements
• Client recognized as ‘Best New Fund 2023’