As a limited partner investing through secondary transactions, Newbury screens all potential investments for ESG issues, risk and areas for improvement. Post-investment, Newbury monitors its portfolio for these factors as well. As a limtied partner, we have a limited ability to directly impact our portfolio companies - but, we can help influence and encourage our underlying fund managers to improve on ESG issues.
It is important to note that ESG issues are among the key investment screening criteria reviewed at Investment Committee for any transaction or investment that Newbury considers. ESG considerations are integrated into our investment selection process.