Prosek Partners, a global financial marketing communications and special situations firm, has acquired a stake in Blue Dot Capital, a sustainable finance consulting firm with a background in advising investment-management firms on developing comprehensive environmental, social and governance 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 a spectrum of ESG advisory services encompassing ESG policy, governance, integration, investment strategy, reporting, investor relations, narrative-building, and strategic marketing and communications.
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,” said 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 program advisory.
“It is thrilling to invest in an emerging entrepreneur who also shares the energy and ethos of our culture,” said 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. 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.”