Please see SAM 5.3 for additional information regarding Private Equity
Real Assets (Property and Infrastructure):
The types of monitoring and management staff will perform include, but are not limited to:
Reviewing Managers’ compliance with ESG obligations in operating agreements and documenting and engaging with managers on any deficiencies.
Being responsive to ESG events and engaging on material ESG issues, where rights allow.
Reviewing Managers’ sustainable investment processes, practices, and reporting, and identifying ESG opportunities and risks. This includes but is not limited to:
Requesting that Managers respond to annual third party monitoring surveys such as GRESB or ULI GreenPrint (which may change from time to time) and discussing results with Manager.
Reviewing Manager’s ESG or sustainable investment reports, surveys and/or PRI reporting on an annual basis.
Inquiring about the status of identified ESG risks and opportunities in regular communication with Managers.
Identifying, learning and sharing of Manager’s best practices.
Reviewing and documenting material ESG issues that may impact the value of the portfolio.