ESG Made

Easy

Intuitive

Impactful

Ambitious

Flexible

Specifically

for Private Markets

Novata is an ESG platform built specifically for private markets. Formed by a unique consortium of leading non-profit and for-profit organizations, Novata empowers general partners and private companies to collect, analyze, benchmark, and report relevant ESG data.

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Private markets require a unique ESG solution. The Novata consortium has come together to make it happen.

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The Novata Consortium

A New Type of Collaboration

Understanding and addressing environmental, social, and governance (ESG) issues is a top priority for most companies. For private companies, this is particularly challenging because there is no consensus on which ESG metrics should be collected, no comparable data to enable companies and their investors to benchmark against peers, and no data management system tailored for the specific requirements of private companies.

Until Novata.

A public-benefit corporation created by a unique consortium of non-profit and for-profit institutions, Novata aligns private markets around a shared approach to ESG. Novata is an independent, secure repository for private company data that is standardized and comparable. The system features benchmarking and reporting solutions specifically built to address the unique demands of private markets.

We are committed to the tenets of responsible investing and believe the private markets have a responsibility to better manage and track ESG performance to not only generate strong investment returns, but to also make a positive impact on society and its future.

José E. Feliciano
Co-Founder and Managing Partner
Clearlake Capital Group

We are proud to collaborate with a distinguished group of industry leaders to develop and share tools that enhance transparency and which are appropriately tailored for private companies.

Jack Lew
Managing Partner
Lindsay Goldberg

At Kohlberg, we concentrate on creating and measuring value, and we apply the same focus to our ESG efforts. Novata will facilitate adoption of ESG best practices, not just for GPs and LPs but also for portfolio companies. It’s a significant step forward.

Samuel Frieder
Managing Partner
Kohlberg & Co.

KPS takes pride in its constructive approach to investing. We believe that nothing matters more than people. We look forward to advocating for the concerns of working people as part of the GP Advisory Council.

Raquel Palmer
Co-Managing Partner
KPS Capital Partners, L.P.

We invest to solve global challenges. Summa was founded on the idea of integrating sustainability factors as tools for value creation, and we invest solely in companies whose core business contributes positively to one or more of the Sustainable Development Goals. Our companies are supporting a world in transition and showing that business can be part of the solution.

Reynir Indahl
Founder and Managing Partner
Summa Equity

At THL, we believe that effective ESG practices can positively impact the performance of our Firm, private equity funds and portfolio companies. We look forward to sharing our insights and collaborating with Novata and its LP and GP advisory committees on this important ESG initiative.

Arthur Price
Managing Director
Thomas H. Lee Partners, L.P.

Uniting purpose and profit is the foundation of our investment thesis, and transparency is critical to holding our firm and the entire private equity community accountable. We are excited to partner with Novata to develop effective ESG measurement and benchmarking tools for the PE community.

Kip Kirkpatrick & Marty Nesbitt
Senior Partners and Co-CEOs
The Vistria Group

We are committed to the tenets of responsible investing and believe the private markets have a responsibility to better manage and track ESG performance to not only generate strong investment returns, but to also make a positive impact on society and its future.

José E. Feliciano
Co-Founder and Managing Partner
Clearlake Capital Group

We are proud to collaborate with a distinguished group of industry leaders to develop and share tools that enhance transparency and which are appropriately tailored for private companies.

Jack Lew
Managing Partner
Lindsay Goldberg
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Our Solutions

A Straightforward Approach to ESG Data

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The Novata Framework

Have confidence that you’re focusing on the right metrics.

The Novata Platform

Save time by collecting standardized data, and control who sees it.

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Private Company Benchmarks

Learn how your portfolio compares against relevant benchmarks.

Our Solutions

A Straightforward Approach to ESG Data

The Novata Framework

Have confidence that you’re focusing on the right metrics.

Framework widget
The Novata Platform

Save time by collecting standardized data, and control who sees it.

platform widget
Private Company Benchmarks

Learn how your portfolio compares against relevant benchmarks.

benchmark widget

“Private equity assets are a fast-growing part of the markets and global economy, having increased by more than 150% in the last decade alone. And private equity investors need reliable access to accurate, material, and relevant ESG data, from climate change and diversity, to worker transitions and business accountability—all of which are critical components of truly inclusive capitalism that creates long-term value for our pension beneficiaries.”

Scott M. Stringer
New York City Comptroller

Novata General Partner Advisory Council

Industry Guidance to Solve Industry Problems

We are committed to working with the private equity industry to simplify ESG measurement, reporting, and benchmarking. We are grateful to have the guidance of our General Partner Advisory Council (GPAC)—a group of leading GPs who embody purpose and authenticity in their approach to ESG. Some GPAC members—The Vistria Group, Clearlake Capital Group and Kohlberg & Co.—have made investments in support of Novata, with all proceeds to be donated to leading non-profits.

The People Behind Novata

The Leadership Team

Worship Leader

Christina Alfonso-Ercan
CEO & Co-Founder

Read Bio

Christina served as Co-founder and CEO of ESG advisory and reporting firm, Madeira Global. Ms. Alfonso has advised top global fund managers, family offices and Fortune 100 companies across North America, LatAm and Europe on sustainable investment strategies and ESG integration.

Alex

ALEX FRIEDMAN
CEO & Co-Founder

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Alex Friedman served as the Chief Financial Officer of the Bill & Melinda Gates Foundation and created and led its multi-billion dollar social impact fund. He was also Chief Investment Officer of UBS, overseeing $2 trillion, and Chief Executive Officer of GAM Holding, a publicly listed alternatives asset manager. Alex co-founded Jackson Hole Economics and is a board member of Franklin Templeton, the $1.5 trillion asset manager.

INDUSTRY GUIDANCE TO SOLVE INDUSTRY PROBLEMS

We are committed to navigating the complexity of ESG reporting by designing tech-enabled solutions with end users and key stakeholders in mind. We have been guided in that journey by a group of leading GP’s who embody purpose and authenticity in their approach to ESG.

“Novata [is empowering] a better way of doing business in the private market that has the potential to more efficiently allocate capital with effective consideration
of purpose, inclusiveness and sustainability for the
long term.”

Darren Walker, President of the Ford Foundation

“Novata offers a non-judgmental solution that allows GPs to collect and measure their data against their own North Star direction.”

Erik Hirsch, Vice Chairman and Head of
Strategic Investments, Hamilton Lane

"There is a critical need to empower the private markets to better understand their sustainability characteristics, and we believe that true benchmarking can help accelerate the arc of progress in he right direction.”

Doug Peterson, CEO at S&P Global

Our Contributing Partners

Our partners are an integral part of Novata’s story. They are tackling key business problems, providing creative branding and design solutions, and telling our story.