Kelly McCarthy joined Vistria PRG as head of impact.
Vistria PRG is an in-house team of professionals at Chicago-based private equity firm Vistria Group that "supports management teams as they lead their companies to achieve top growth and performance potential," said a news release Thursday.
It is a new position, and Ms. McCarthy will report to Jon Samuels, partner and co-head of Vistria PRG, a spokeswoman said.
"Kelly led the development of a global system of impact measurement that revolutionized the way thousands of organizations around the world measure and advance impact," Mr. Samuels said in the news release.
Ms. McCarthy most recently was chief impact officer at the Global Impact Investing Network. In that role, Ms. McCarthy was "instrumental in leading the organization's work to develop tools and infrastructure for integrating impact into investment management," the news release said. GIIN could not be immediately reached for further details.
Vistria Group has more than $10 billion in assets under management.
Vistria PRG, which provides various services to portfolio companies of private investment funds managed by Vistria Group, is owned jointly by Vistria Group's Kip Kirkpatrick and Marty Nesbitt — both senior partners, co-chairmen and co-CEOs — and Vistria Group, the release said. Vistria PRG members are not employees of Vistria Group.
