Client Challenge – ESG Strategy Development

An established secondaries fund looking to raise capital outside the US, needed to develop an ESG strategy for its portfolio of funds to meet current and new LP requirements.

The Solution – Petra’s Strategic ESG Solutions

Petra developed a comprehensive ESG assessment methodology for the client to identify, score, and monitor the ESG maturity of the current and prospective funds within its portfolio. This included a quantitative methodology to compare managers and provide recommendations to increase ESG maturity as part of their engagement strategy. Petra also created a reporting and monitoring framework to align to LP and regulatory requirements.

Key Results

• Developed a best-in-class ESG scoring methodology
• Enabled access to capital from ESG-focused LPs outside the US
• Met LP and regulatory reporting requirements
• Client achieved fundraising goals