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Petra Funds Group and MSCI Collaborate on ESG Benchmarking

In a significant move to support private investment managers, Petra Funds Group has announced its collaboration with MSCI, a leading provider of sustainable investment data and analytics. This partnership aims to enhance the environmental, social, and governance (ESG) benchmarking landscape for private markets, bridging a crucial gap that has long existed in the industry.

Introduction to the Partnership

Petra Funds Group, established in 2021, is recognized for providing robust fund administration and regulatory compliance services tailored for private equity and credit funds. The firm’s strategic partnership with MSCI reflects its commitment to leveraging cutting-edge technology and data to empower mid-market general partners (GPs) in navigating the complex demands of ESG reporting and compliance.

As sustainability becomes increasingly pivotal in investment decisions, private market managers often find themselves at a disadvantage. They lack access to the same level of ESG data that larger, public market managers enjoy. The collaboration between Petra and MSCI aims to level this playing field by integrating MSCI's extensive datasets into Petra's service offerings.

Understanding PeerView

The newly launched service, PeerView, is designed to provide Petra’s client GPs with direct access to MSCI’s comprehensive sustainability datasets. This includes critical climate and emissions benchmarks, ESG performance metrics, and insights into controversies affecting potential investments. By utilizing these metrics, GPs can benchmark their non-financial performance against a defined public market peer group, thereby enhancing transparency and credibility during investor engagements.