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Novata launches SFDR reporting solution for private 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, has launched new metrics in-platform to enable financial market participants to collect the sustainability-related information outlined under the Sustainable Finance Disclosure Regulation (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.

Novata is backed by a consortium that includes the Ford Foundation, S&P Global, Hamilton Lane, and Omidyar Network, and is also supported by more than a dozen private equity firms and pension funds.

Since Novata’s successful platform launch in April, Novata has welcomed a range of private equity and credit firms to the General Partner Advisory Committee (GPAC) and has experienced significant global demand for its ESG data management platform.

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