GLOBAL – December 13, 2021 – Adams Street Partners, a private markets investment firm with more than $49 billion under management, today announced that it has started using a real-time ESG data analytics solution to provide insights into underlying fund and private company investments.
Adams Street is deploying a custom ESG Ratings and Reporting solution from Apex Group Ltd. (“Apex”), a global financial services provider. The analytics platform securely processes a variety of ESG data streams to provide tailored insights during investment and operational due diligence. Adams Street is also collaborating with Apex to develop a tailored impact data collection and reporting solution for use by Adams Street in monitoring future impact investments, given the growing importance of ESG and impact investing strategies to investment managers.
Adams Street has a longstanding commitment to investing responsibly as a signatory of the United Nations-supported Principles for Responsible Investment (PRI) since 2010 and supporter of the Task Force on Climate-Related Financial Disclosures (TCFD). More recently, Adams Street Partners joined Initiative Climat International (iCI), an investor-led platform focused on climate action among leading private equity organizations, and the ESG Data Convergence Project, an industry initiative to streamline and harmonize ESG metrics.
“Quantitative insights drawn from ESG data enhances our ability to identify opportunities and better understand risks,” said Yohan Hill, Director of ESG and Responsible Investing at Adams Street. “Adams Street is actively accelerating its ESG expertise as we work to develop new investment and reporting capabilities.”
“The accurate capture, analysis and reporting of quality ESG data is now critical for private markets investors,” said Andy Pitts-Tucker, Managing Director, Apex ESG Ratings & Advisory. “Our ESG Ratings and Impact Reporting services can help users to mitigate risk, comply with regulatory requirements, and generate sustainable results.”
Adams Street Partners is a global private markets investment manager with investments in more than 30 countries across five continents. The firm is 100% employee-owned and has more than $49 billion in assets under management. Adams Street strives to generate actionable investment insights across market cycles by drawing on nearly 50 years of private markets experience, proprietary intelligence, and trusted relationships. Adams Street has offices in Austin, Beijing, Boston, Chicago, London, Menlo Park, Munich, New York, Seoul, Singapore, and Tokyo. Visit www.adamsstreetpartners.com
Rich Myers / Rachel Goun
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Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 50 offices worldwide and 5,000 employees upon the close of announced acquisitions, Apex delivers an extensive range of services to asset managers, capital markets, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund services, digital onboarding and bank accounts, depositary, custody and super ManCo services, business services including HR and Payroll and a pioneering ESG Ratings and Advisory service for private companies.