BlackRock has expanded its partnership with a consortium of Limited Partners (LPs) and Funds of Funds in an effort to streamline and standardise ESG reporting for private markets.
The partners will leverage ESG Outreach, an eFront® Insight solution developed in partnership with private markets investors to accelerate and simplify the collection, analysis and reporting of ESG data.
Investment professionals in alternative asset classes have a growing need to access ESG data to help identify risk and opportunities. However, private market participants looking to incorporate ESG factors face complex decisions on which metrics are considered relevant due to the large array of frameworks in circulation and the evolving regulatory landscape.
Read more: Private Equity Wire
