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Abac Solutions Manager S.à r.l.

PRI reporting framework 2019

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Fundraising of private equity funds

PE 03. Fund placement documents and RI

03.1. Indicate if your most recent fund placement documents (private placement memorandums (PPM) or similar) refer to responsible investment.

03.2. Indicate how your most recent fund placement documents (PPM or similar) refer to the following responsible investment:

03.3. Describe how your organisation refers to responsible investment in fund placement documents (PPMs or similar). [Optional]

Abac's PPM explicitly mentions those sectors that will be excluded from investment consideration, including companies whose business activity consists of an illegal economic activity, or which substantially focus on the production / trade of tobacco / distilled alcoholic beverages and related products, the financing of the production of weapons and ammunition of any kind, casinos and equivalent enterprises, and research or development of applications relating to electronic data programs which aim at supporting or are intended to enable internet gambling, online casinos, pornography, illegally entering into electronic data networks or downloading electronic data.

Although not included in the body of the PPM, Abac Solutions Manager ("ASM") and some Limited Partners executed side letters whereby ASM committed to use all reasonable endeavours to take into account the ten principles of corporte governance published by the UN Global Compact when managing the business and investments of the fund, and, upon the reasonable periodic request, to provide those investors with updates on ESG matters / discuss developments that are relevant to those investors ESG policies, as well as to inform those investors after the ocurrence of any significant ESG controversies or incidents.


PE 04. Formal commitments to RI

04.1. Indicate whether your organisation made formal commitments to responsible investment in the, Limited Partnership Agreement (LPA) of your most recent fund(s), or through side letters when requested by investors.

If yes

04.2. Additional information. [OPTIONAL]

Abac Solutions Manager and some Limited Partners executed side letters whereby ASM committed to use all reasonable endeavours to take into account the ten principles of corporte governance published by the UN Global Compact when managing the business and investments of the fund, and, upon reasonable periodic request, to provide those investors with updates on ESG matters / discuss developments that are relevant to those investors ESG policies, as well as to inform those investors after the ocurrence of any significant ESG controversies or incidents.


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