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Avanz Capital

PRI reporting framework 2017

You are in Indirect – Manager Selection, Appointment and Monitoring » Overview

Overview

SAM 01. Role of investment consultants/fiduciary managers

New selection options have been added to this indicator. Please review your prefilled responses carefully.

01.1. Indicate whether your organisation uses investment consultants and/or fiduciary managers.

01.7. Additional information [Optional].


SAM 02. RI factors in selection, appointment and monitoring across asset classes

02.1. Indicate for which of the following externally managed asset classes your organisation, and/or your investment consultants, consider responsible investment factors in investment manager: (a) Selection, (b) Appointment (investment management agreements/contracts), and (c) Monitoring

Select all that apply

Asset classes

(a) Selection

(b) Appointment

(c) Monitoring

Private equity

02.2. Provide a brief description of how your organisation includes responsible investment considerations in your investment manager selection, appointment and monitoring processes.

As an asset management company, Avanz Capital has a fiduciary duty to act in the best long-term interests of its clients, investors and stakeholders. Avanz Capital also believes strongly that financial performance and sustainability are inextricably linked. Accordingly, Avanz Capital includes responsible investment considerations by systematically identifying, managing and reducing environmental, social and corporate governance (ESG) risks in its manager selection, appointment and monitoring. 

Avanz Capital selection process includes: 

  • Understanding the fund manager's responsible investment strategy and whether it can deliver results through portfolio companies 
  • Assisting fund managers with developing and articulating their responsible investment policies 
  • Assessing the fund manager's Social and Environment Management System capabilities 
  • Setting indicators, targets and benchmarks for tracking Fund level results 

Avanz Capital's appointment process includes: 

  • Proactive portfolio management in collaboration with the fund manager 
  • Developing fund manager's Social and Environment Management System (if needed) 
  • Setting company specific indicators, and if necessary, assist fund managers in developing methodology for tracking and budgeting (for example C02 emissions) 
  • Negotiating side letter provisions to include Avanz Capital's ESG standards and impact assessment reporting template 

Avanz Capital's monitoring process includes: 

  • Tracking portfolio company impact through annual impact assessment reports 
  • Aggregating and analyzing quantifiable data 
  • Conducting portfolio company reviews to capture non-quantifiable results  

02.3. Additional information. [Optional]


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