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CRESCERA INVESTIMENTOS

PRI reporting framework 2019

You are in Strategy and Governance » Investment policy

Investment policy

SG 01. RI policy and coverage

New selection options have been added to this indicator. Please review your prefilled responses carefully.

01.1. Indicate if you have an investment policy that covers your responsible investment approach.

01.2. Indicate the components/types and coverage of your policy.

Select all that apply

Policy components/types

Coverage by AUM

01.3. Indicate if the investment policy covers any of the following

01.4. Describe your organisation’s investment principles and overall investment strategy, interpretation of fiduciary (or equivalent) duties,and how they consider ESG factors and real economy impact.

We typically seek to be a supportive and active investor in the companies in which we invest in, providing both growth capital in cash-in transactions and active participation in the development of the company’s growth strategy. Our funds will generally focus on companies with high growth potential in retail and consumer goods, healthcare, asset-light logistics, technology, education and other services sectors that are consistent with Cresceras Investimentos’ investment strategy. We believe our investors will benefit from the selection of resilient businesses with the Brazilian current economic outlook.

We integrate ESG Factors into our investment strategy by reviewing and evaluating potential investments against the following E&S Requirements: i) IFC Exclusion list; 2) Applicable EHS laws; 3) IFC Performance Standards. We also engage investee companies in order to promote continuous improvements across their business and operations.

01.5. Provide a brief description of the key elements, any variations or exceptions to your investment policy that covers your responsible investment approach. [Optional]

The policy covers 100% of our AuM. Jaime Cardoso, the Co-CEO approved the policy. The policy is updated and improved in an biannual basis. The current version has come into force in 2017. Currently, our policy is under review and the new version will bring new elements to reflect improvements in our Environmental and Social Management System.

Our E&S Policy details the procedures that will be adopted when assessing a new potential investee. First of all, investments are screened using the Exclusion list. During the negotiation of the deal, we conduct environmental and social due diligences in order assess companies’ ESMS. After that, we develop a corrective action plan to improve E&S practices across investee companies, based primarily on the IFC Performance Standards.

01.6. Additional information [Optional].

          
        
I confirm I have read and understood the Accountability tab for SG 01 I confirm I have read and understood the Accountability tab for SG 01

SG 01 CC. Climate risk (Not Applicable)


SG 02. Publicly available RI policy or guidance documents

New selection options have been added to this indicator. Please review your prefilled responses carefully.

02.1. Indicate which of your investment policy documents (if any) are publicly available. Provide a URL and an attachment of the document.

URL/Attachment

02.2. Indicate if any of your investment policy components are publicly available. Provide URL and an attachment of the document.

02.3. Additional information [Optional].


SG 03. Conflicts of interest

03.1. Indicate if your organisation has a policy on managing potential conflicts of interest in the investment process.

03.2. Describe your policy on managing potential conflicts of interest in the investment process.

Crescera has an specific conflict of interest policy. In case of identification of a conflict of interest transaction, the compliance area will be responsible for the following procedure: (i) understanding the situation; (ii) assess whether it is a real or potential conflict; (iii) identify ways to mitigate the conflict; (iv) whenever necessary, take the discussions to the Executive Committee.

03.3. Additional information. [Optional]

In addition, Crescera has a Risk and Compliance Committee, which is composed of the Head of the area, a Director representing the asset management areas and the members of the Risk and Compliance teams. This committee meets each six months or whenever necessary upon convocation of any of its members. This Committee is responsible for reviewing conflict of interest transactions.


SG 04. Identifying incidents occurring within portfolios (Private)


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