Articles from Novata

Novata, the private markets’ leading sustainability management partner, today announced the launch of "Novata for Companies," an expansion of its platform designed to support private companies in managing the most challenging aspects of sustainability.

Novata, a certified B Corp with presence in the US, Europe, and Asia, today announced new financing from returning investors Hamilton Lane and S&P Global, and new investor Motive Ventures, which is backed by affiliates of Apollo Global Management (“Apollo”). The capital will fuel further enhancements of Novata’s sustainability solutions and will support innovation as the company enters new geographies, reinforcing its commitment to advancing sustainable practices in private markets worldwide.

Novata, an industry-leading sustainability technology platform and certified B Corp, today announced the expansion of its global operations with the appointment of Joel Raha as Chief Technology Officer and Jeanne Lee as Head of APAC Sales. These hires underscore Novata's commitment to driving sustainable business practices worldwide with technology solutions that enable private market clients globally to effectively measure and manage the metrics that matter.

Novata, an industry-leading technology platform and certified B Corp, today announced the launch of the Novata Carbon Navigator, a new solution to simplify carbon data management and reporting. With the Carbon Navigator, users can:

Novata, an innovative technology platform and certified B Corp that provides the private markets with a comprehensive Environmental, Social, and Corporate Governance (ESG) data solution, today announced its expansion of SFDR capabilities available to Novata clients to simplify reporting against European regulatory requirements.

Novata and the Global Impact Investing Network (GIIN) announced today that the GIIN’s IRIS+ standard impact metrics are now integrated in Novata’s leading data management platform, tailored specifically for investing in private markets. This move enables fund managers to collect, manage and analyze standardized impact data from companies to inform their investment practices and report relevant information to their stakeholders.

Novata, an innovative technology platform and public benefit corporation that provides the private markets with a comprehensive Environmental, Social and Corporate Governance (ESG) data solution, today announced its certification as a B Corporation (B Corp). Novata is now included among businesses that are leading a global movement for an inclusive, equitable, and regenerative economy. This certification underscores Novata's commitment to helping enable a more sustainable and inclusive form of capitalism by operating its business in a way that benefits all stakeholders.

Novata, an innovative technology platform and public benefit corporation that provides the private markets with a comprehensive Environmental, Social and Corporate Governance (ESG) data solution, has announced the launch of the private markets’ broadest collection of ESG benchmarks. The release increases the scope of available benchmarks on the Novata platform to include 50 universal benchmarks and more than 200 sector specific benchmarks for the 2022 reporting period. The breadth of these benchmarks offer an unprecedented view of ESG performance in private markets.

Novata, an innovative technology platform and public benefit corporation that provides the private markets with a cutting-edge Environmental, Social and Corporate Governance (ESG) solution, has announced a Series B funding round with $30 million raised. This significant capital raise enables Novata to continue to meet the private markets' critical need for a simple and secure data management and analytics platform to enable investors to align their capital flows with the metrics that matters to them.

Park Square Capital (Park Square), one of Europe’s leading credit investment firms with approximately $13 billion in assets under management, today announced that it has joined Novata’s General Partner Advisory Committee (GPAC). Novata, a public benefit corporation backed by the Ford Foundation, Hamilton Lane, S&P Global and Omidyar Network, is the leading ESG data management platform built for the private markets. Novata provides customers with a clear ‘on-ramp’ for selecting ESG metrics, collecting data in a secure database, and aggregating data insights and analytics tools to inform investment decisions.

Novata, a leading ESG data management platform built for private markets, today announced that Wafra Inc. (“Wafra”) is joining Novata’s General Partner Advisory Committee (GPAC). Wafra is a global alternative investment manager that invests across a range of alternative assets, including private equity, real estate and real assets. Novata, a public benefit corporation backed by the Ford Foundation, Hamilton Lane, S&P Global and Omidyar Network, provides customers with a clear pathway for selecting ESG metrics, data collection into a secure database, and data insights and analytics tools to inform investment decisions.

Novata, a public benefit corporation and technology platform that provides private markets stakeholders with intuitive and effective Environmental, Social and Governance (ESG) data management solutions, today announced the appointment of Mona Sutphen, Partner and Head of Investment Strategies at The Vistria Group (Vistria), to Novata’s Board of Directors, effective immediately.

Novata, a public benefit corporation backed by the Ford Foundation, Hamilton Lane, S&P Global and Omidyar Network, today announced that New York-based global private equity and venture capital firm Insight Partners has joined Novata’s General Partner Advisory Committee (GPAC). The leading ESG data management platform built for the private markets, Novata provides customers with a clear ‘on-ramp’ for selecting ESG metrics, painless data collection into a secure database, and data insights and analytics tools to inform investment decisions.

Novata, a public benefit corporation and technology platform that provides private markets stakeholders with intuitive and effective Environmental, Social and Governance (ESG) data management solutions, today announced the addition of two executives to the Novata leadership team. Novata has appointed Meredith Binder as Chief Marketing Officer and Beth Meyer as Chief Legal Officer.

Novata, a public benefit corporation and technology platform that provides private markets stakeholders with intuitive and effective Environmental, Social and Governance (ESG) data management solutions, today announced the launch of in-platform metrics to enable financial market participants to collect the ESG information outlined under the ESG Integrated Disclosure Project (ESG IDP). The ESG IDP is a market initiative formed by industry organizations, credit asset managers and credit investors to encourage the use of a group of ESG metrics that lenders consider material. The goal of harmonizing and standardizing ESG information requests is to establish a global baseline of ESG information across credit markets.

Novata, a public benefit corporation and technology platform that provides private markets stakeholders with intuitive and effective Environmental, Social and Governance (ESG) data management solutions, today announced the launch of wide-ranging benchmarking capabilities in-platform to enable Novata clients to contextualize their ESG data and see how they compare relative to industry peers. Novata clients will have access to anonymized industry data that will offer an unprecedented level of detail of ESG performance in private markets.

Novata, the leading ESG data management platform built for the private markets, today announced its support and sponsorship of the 2022 Institutional Limited Partners Association’s (ILPA) Summit. Held in New York City, the annual ILPA Summit provides private equity professionals the opportunity to develop, build and maintain important relationships.

Novata, the leading ESG data management platform built for the private markets, and Bridge House Advisors (Bridge House), an environmental and ESG/sustainability advisory firm, today announced a strategic partnership to advance ESG progress and adoption in the private markets. After a thorough market review, Bridge House has identified Novata as a provider of choice for clients in the private markets space to help them collect, manage and analyze ESG data.

Novata, the leading ESG data management platform built for the private markets, today announced that select Ares Management (“Ares”) direct lending strategies have contracted with Novata for certain ESG measurement and analysis support services. Novata provides customers with a clear on-ramp for selecting ESG metrics, painless data collection and data insights and analytics tools to inform investment decisions. Novata is a public benefit corporation formed by the Ford Foundation, Hamilton Lane, S&P Global, Omidyar Network, and more than a dozen private equity firms and pension funds.

Novata, the leading ESG data management platform built for the private markets, today announced it received the Private Equity Wire 2022 U.S. Award for Best ESG Solution Provider. The Private Equity Wire U.S. Awards recognize excellence among private equity fund managers and service providers in the US across a wide range of categories. This award is a testament to Novata’s commitment to empower private markets to achieve a more sustainable and inclusive form of capitalism.

Novata, the leading ESG data management platform built for the private markets, today announced it received the Network 20/20 Global Innovators Award for Governance and Institutions. The award recognizes organizations that promote solid and sound governance and institutions, through innovative use of technology, training, or other means. This award is a testament to Novata’s commitment to empower private markets to achieve a more sustainable and inclusive form of capitalism.

Novata, the leading ESG data management platform built for the private markets, and K2 Integrity, a leading compliance and risk advisory firm, today announced a strategic partnership to bolster K2 Integrity’s ESG advisory offering. As part of the partnership, Novata will provide K2 Integrity with access to its industry-leading, proprietary data collection and management software to streamline the processes in K2 Integrity’s new, first-of-its-kind ESG Fund Certification solution. The partnership will also enable K2 Integrity to customize its solution and offer different certification types that align with regional jurisdictions.

Novata, a leading ESG data platform built for the private markets, and S&P Global Market Intelligence, a provider of information services and solutions to the global markets, today announced a strategic partnership to provide private market investors with a holistic data solution that simplifies the process of collecting both financial and ESG data.

Novata, a public benefit corporation and technology platform that provides private markets stakeholders with intuitive and effective Environmental, Social and Governance (ESG) data management solutions, today announced the launch of SFDR metrics in-platform to enable financial market participants to collect the sustainability-related information outlined under SFDR. To support this product offering, Novata also announced the expansion of its sales team into European markets with the addition of a group of experienced sales professionals in London.

Angelo Gordon, a $50 billion alternative investment firm focused on credit and real estate investing, has joined Novata’s General Partner (GP) Advisory Committee. Novata, a public benefit corporation backed by the Ford Foundation, Hamilton Lane, S&P Global and Omidyar Network, is the leading ESG data management platform built for the private markets. Novata provides customers with a clear ‘on-ramp’ for selecting ESG metrics, painless data collection into a secure database, and data insights and analytics tools to inform investment decisions.

Novata, a public benefit corporation and technology platform that provides private markets with intuitive Environmental, Social and Governance (ESG) data management solutions, today announced the official launch of its product platform.

Novata, an innovative new technology platform and public benefit corporation that provides the private markets with a cutting-edge Environmental, Social and Corporate Governance (ESG) solution, has announced a Series A investment of $21 million. The investment represents one of the largest initial funding rounds for a public benefit corporation. Principal investors include members of the one-of-a-kind consortium that collaborated to launch Novata in October 2021, including the Ford Foundation, S&P Global (NYSESPGI), Hamilton Lane NASDAQ: HLNENASDAQHLNE)

Today, Novata launched as an innovative new public benefit corporation and technology platform built to provide the private markets ecosystem, including private equity firms, with intuitive and effective Environmental, Social Good and Corporate Governance (ESG) measurement, data collection and benchmarking. Backed by a one-of-a-kind consortium, which includes the Ford Foundation, S&P Global (NYSESPGI), Hamilton Lane NASDAQ: HLNENASDAQHLNE)