As the understanding and importance of environmental, social and governance (ESG) factors in investing grow, so do the challenges. Inevitably, efforts become professionalized. In the early days, PE and private credit funds may have distributed broad questionnaires among their portfolio companies and been left with large amounts of unwieldy data that made it difficult to form conclusions and make decisions. More recently, software has been developed that gathers data per custom specifications, analyzes the data, organizes the data into coherent frameworks as needed for reporting purposes and integrates that data with a fund’s systems. To address issues with putting that type of data collection system in place, ACA Group hosted a webinar entitled “Tackling the Unique Monitoring Challenges in Private Equity and Private Credit” that featured Dan Mistler (partner), Luke Wilcox (partner) and Alyssa Briggs (managing director). The program explored the challenges of establishing an efficient ESG program, including generating impact performance reports for investors, putting processes in place to collect data; integrating publicly and privately obtained information; and parsing data to act responsibly and, as appropriately, swiftly. This article summarizes relevant takeaways from the webinar. See our two-part series “Opportunities and Challenges in ESG and Impact Investing for Alternative Asset Managers and Investors”: Part One (Aug. 24, 2023); and Part Two (Sep. 7, 2023).