Prefequity signs UN-supported Principles for Responsible Investment

As part of its ongoing effort to foster sustainable investing, Prefequity today announced that it has signed the United Nations-supported Principles for Responsible Investment (PRI).

The PRI is a global network of asset managers, owners and service providers working together to put responsible investment into practice.

The principles, which are voluntary, aim to provide a framework for integrating environmental, social and corporate governance (ESG) considerations into investment decision-making and ownership practices.

Nick Petrusic, Senior Partner, said: “As active investors in private companies, we have a responsibility to explore all factors that could potentially impact the financial performance of individual businesses in which we invest on behalf of our limited partners, including ESG issues. By becoming a signatory to PRI we are reinforcing our commitment to this responsibility, which forms part of our investment and due diligence process as well as our on-going involvement with businesses during the period of our investment.”