ESG Considerations
We believe that Environmental, Social and Governance (ESG) considerations directly impact investment outcomes.
Our strategy has fundamentally strong ESG credentials. Our borrower universe of young European high-growth companies has often been founded with a strong ESG mindset aiming to bring a measurable and beneficial environmental, social, or governance impact on consumers, businesses, and society as a whole. We specifically aim to identify growth companies that can offer attractive returns while thriving in a world that is growing in its ESG awareness and implementation.
We monitor companies on their ESG performance with the same scrutiny that we do with other key performance indicators and integrate ESG throughout the investment process and cycle.
Environmental
- In addition to being CO2 neutral, we are a plastic neutral investment firm.
- We serve a company universe that itself has strong environmental credentials.
- Environmental technology will be an investing theme for us.
Social
- We believe the European growth ecosystem is underfunded and provides important innovation that helps the European economy and society as a whole.
- Many of the businesses in our target universe were specifically founded with the mission to make the world a better place. We want to stay away from predatory business models that rely on information asymmetry between company and customers.
- We commit to diversity & inclusion both internally and at our portfolio companies.
- We have a diverse Founding Partner Team.
Governance
- We commit to transparent governance both internally and for our portfolio companies.
- The key for investors to exercise good governance is to engage and deeply understand their portfolio companies. We have extensive experience and strong credentials of impact on corporate governance. We understand the transformative value of good governance and strong incentives.
Impact
- We are addressing an important funding gap in Europe, helping to create more best-in-class new economy businesses and thus increasing economic productivity and growth.
- Our growth credit investments create quantifiable counter-value in our borrowers. Our growth facilities are used to hire people, develop products/technologies and acquire customers rather than repaying existing debt and returning capital via dividends to previous/current equity owners.