Prosek Partners acquires stake in ESG and sustainable finance consultancy Blue Dot Capital
Prosek Partners, a global financial marketing communications and special situations firm, has acquired a stake in Blue Dot Capital, a boutique sustainable finance consulting firm with expertise and experience in advising investment-management firms on developing comprehensive Environmental, Social and Governance (ESG) and impact investing capabilities.
The two firms have been working closely for nearly two years, helping clients develop, expand and communicate their ESG commitments and programs to stakeholders. The combination will allow the two firms to offer the full spectrum of ESG advisory services encompassing ESG policy, governance, integration, investment strategy, reporting, investor relations, narrative-building, and strategic marketing and communications. This is especially critical now as financial-service companies and investment managers accelerate their transition to a more sustainable approach to business and future-proof their investment decisions.
Both Prosek and Blue Dot are women-owned businesses.
"Every asset manager we represent has committed to ESG both at the corporate and the product level,” says Jennifer Prosek, CEO and managing partner of Prosek Partners. “We have developed a team that can build and measure the investment programs and also communicate them to stakeholders. Blue Dot will expand Prosek's already robust ESG offering to include strategic ESG and impact investment programme advisory.
"It is thrilling to invest in an emerging entrepreneur who also shares the energy and ethos of our culture," says Prosek about Blue Dot’s founding partner, Sharadiya Dasgupta.
“Climate change and shifting socio-economic dynamics are rapidly changing how capital deployment decisions are made,” Dasgupta says. “We look forward to working even more closely with Prosek Partners to bring a differentiated, one-stop ESG advisory offering for investment managers so that they can address these changes and lead during this vital transition to a more sustainable and climate-resilient approach to business. This partnership enables Blue Dot to deepen our sustainable investment and net zero research capabilities.”