We are a member of the HSFB (Hedge Funds Standards Board). However, we have found it difficult to seriously integrate Responsible investment into the portfolio. This has been due to -
1. Our consultant does not appear to consider RI within its due diligence process
2. Disclosure of underlying holdings is opaque
3. As an investor in a fund, we appear to less power or influence compared with separate accounts.
We do, however, consider the directors of the organisation and, in particular, the number of directorships the Cayman-based directors have.