Private equity fund management and advisory business SVG Advisers Limited has become a signatory to the United Nations backed Principles for Responsible Investment (PRI). SVGA will form part of the PRI’s private equity work stream which brings together limited partners, general partners, advisers and fund of funds to raise awareness and support implementation of the principles in this asset class.
SVG Advisers Limited (SVGA), the specialist private equity fund management and advisory business, is pleased to announce it has become a signatory to the United Nations backed Principles for Responsible Investment (PRI). SVGA will form part of the PRI’s private equity work stream which brings together Limited Partners (LPs), General Partners (GPs), Advisers and fund of funds to raise awareness and support implementation of the principles in this asset class.
In practice, as outlined by the PRI, this includes providing guidance and implementation support to LPs, GPs and fund of funds, thought leadership on responsible investment in private equity, and outreach and engagement to industry stakeholders. The PRI private equity work stream presently has 150 GPs and 130 LPs as signatories. There are currently 1103 total signatories, with 149 of these in the UK .
SVGA believes that the adoption of the principles is important to its position as a responsible investment adviser. As such it has been developing its due diligence process to ensure that issues such as GPs’ approaches to environmental, social, and governance matters are all taken into account when giving investment advice. SVGA believes that over time this process will develop and evolve in line with the principles.
Lynn Fordham, Chief Executive of the SVG Group, said: “SVG Advisers is committed to sustainable investment in private equity and the positive effects that this has for GPs and LPs alike. Joining the PRI allows us to formalise this as part of a structured framework to help us continue this strategy and promote it to others. We are delighted to be involved.”
For more information about UNPRI private equity please visit: http://www.unpri.org/privateequity/
For further information, please contact:
SVG Advisers Limited 020 7010 8900
Maitland 020 7379 5151
Andrea Coleman/Tom Eckersley
About SVG Advisers Limited
SVG Advisers Limited (SVGA) is a wholly owned subsidiary of SVG Capital plc – an international private equity investor and fund management business listed on the London Stock Exchange (ticker: SVI), established in 1996.
SVGA, which was established in 2001, structures, markets and advises products for investment in private equity. It advises investment vehicles that invest in a range of diversified private equity funds managed by third-party teams and has combined funds under management and commitments of approximately €3.4 billion .
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