During 2017, UTAM evaluated various private equity strategies, including several in China. In addition to various other investment factors, an important consideration was the commitment to responsible investment by the investment staff of the firm.
As part of the evaluation, we discussed the manager's responsible investing approach and specifically how it is applied in China.
We discussed this approach using specific examples of the manager's previous investments. We stressed the importance of responsible investing principles to us and became convinced that the manager shared a similar commitment.