Portobello Capital's PPM refers to:
Pre- investment processes:
It confirms that financial, legal, employment, tax, commercial, strategic, technical, environmental and management due diligences will be conducted as part of the investment decision process (depending on nature of the business).
Monitoring processes post-acquisition put in place by the Managing Company which include compliance and good governance. It is also explained in the PPM how Portobello Capital assesses the portfolio companies' management and what needs adding to the incumbent management and sets international standard business and governance principles.
Environmental, Social and Corporate Governance:
It confirms that Portobello Capital is fully committed to ESG policies and has a rigorous compliance structure which oversees the procedures and control systems in place, ensuring alignment with responsible investment standards and policies. It additionally explains (in detail) that Portobello enforces social policies, environmental policies, anti-money laundering, internal code of conduct, personal information protection and ESG reporting.
In addition to these references included in the PPM, Portobello Capital has provided several of its investors, upon request, with extensive questionnaires explaining the Company's approach to ESG issues before and after investment processes as well as with previously issued CSR reports and has signed side letters with several investors who had included ESG provisions.