We believe that responsible investing helps to drive long-term value creation for our clients, employees and the society at large. The long-term nature and ownership model of the private equity asset class essentially supports responsible investing. This is why we are convinced that responsible investing can reduce risk while increasing performance potential.
At MPEP, our approach is based on the United Nations Principles for Responsible Investment (UNPRI). Through a tailored approach we integrate environmental, social and governance (ESG) criteria as an integral part in our investment process.
Each fund investment opportunity is evaluated from an ESG perspective. The resulting ESG rating is an integral factor in our decision-making process and disclosed to the Investment Committee. A bad rating can cause the refusal of a fund manager.
We monitor and discuss ESG topics with fund managers during portfolio updates and advisory board meetings to assure an ongoing ESG focus for existing or potential new investments during the lifetime of a fund.