Public HTML RI reports - PRI reporting framework 2020

Edmond de Rothschild Private Equity S.A. (EdR PE)

PRI reporting framework 2020

Asset class implementation gateway indicators [OO 10 - 12] Peering questions [OO LE 01 - HF 01]

Investment policy [SG 01 - 04] Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Promoting responsible investment [SG 09 - 11] Outsourcing to fiduciary managers and investment consultants [SG 12] ESG issues in asset allocation [SG 13 - 15] Asset class implementation not reported in other modules [SG 16 - 17] Innovation [SG 18] Communication [SG 19]

Direct – Private Equity

Overview [PE 01 - 02] Fundraising of private equity funds [PE 03 - 04] Pre-investment (selection) [PE 05 - 08] Post-investment (monitoring) [PE 09 - 13] Outputs and outcomes [PE 14 - 15] Communication [PE 16]

Direct - Infrastructure

Overview [INF 01 - 02] Fundraising of infrastructure funds [INF 03 - 04] Pre-Investment (Selection) [INF 05 - 09] Post-investment (monitoring and active ownership) [INF 11 - 16] Overview [INF 11] Infrastructure Monitoring and Operations [INF 12 - 14] Infrastructure Maintenance [INF 15] Stakeholder engagement [INF 16] Outputs and outcomes [INF 17 - 18] Communication [INF 19]

Confidence building measures

Confidence building measures [CM1 01 - 07]

Export Public Responses

You are in Organisational Overview » Basic information

Basic information

OO 01. Signatory category and services

01.1. Select the services and funds you offer

Select the services and funds you offer	% of asset under management (AUM) in ranges
Fund management	0% <10% 10-50% >50%
Fund of funds, manager of managers, sub-advised products	0% <10% 10-50% >50%
Other	0% <10% 10-50% >50%
Total 100%

Further options (may be selected in addition to the above)

Hedge funds

Fund of hedge funds

01.2. Additional information. [Optional]

Edmond de Rothschild Private Equity Platform ("EdRPE"), UNPRI signatory since March 2016, is composed of two private equity management companies :

- Compagnie Benjamin de Rothschild Management (Luxembourg) S.A. ("CBRM"), based in Luxembourg ; and

- Edmond de Rothschild Private Equity S.A. (France) ("EdR PE France"), based in France (Paris).

The Edmond de Rothschild Private Equity Platform represents as of 31 december 2019 a total AuM of 2'411,51 millions EUR

Nota bene :

- Amethis, our investment strategy dedicated to emerging market and especially to the growth in Africa (Total commitment to date : 595millions EUR), in which EdR PE is a majority shareholder, will report separatly on its activities as a UNPRI signatory in its own right since 2013.

- The Organisational Overview report of the EdRPE Platform will be made by describing all our scope of activities and asset categorises, including Amethis. But, to avoid a double report, the other modules will be carried out by excluding Amethis.

- Execution and advisory services : internal services only. Compagnie Benjamin de Rothschild Conseil S.A., based in Geneva, is an advisor company integrated to EdR PE Platform, which aims to provide investment strategy advice for the development of the offer of EdRPE.

Since its commitment to the UN PRI initiative in 2016, all the investment funds developped, structured and managed by EdR PE are formally integrated ESG consideration throughout their investment process. As of today, more than 95%* of the assets managed by EdR PE are covered by a responsible investment approach.

*the assets not covered by an ESG integration methodology corresponds to “end-of-life” private equity investment strategies, structured before the formal commitment made by EdR PE in terms of responsible investment and which not formally incorporate ESG criteria into their documentation. These strategies are intended to be liquidated during 2020, thus making it possible to reach the EdRPE objective set in 2014 to cover 100% of the investment strategies managed by EdR PE using a responsible investment methodology in 2020.

OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

Luxembourg

02.2. Indicate the number of countries in which you have offices (including your headquarters).

2-5

6-10

>10

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

35.05 FTE

02.4. Additional information. [Optional]

OO_02.3 : 32,05 (FTE) people for the EdR PE Platform as a whole, as of 31.12.2019, including staff of :

- EdR PE Lux + France (AIFM) : 13,4 ;

- CBR Management (AIFM) : 8.15 ;

- CBR Conseil (in charge of the development, marketing & distribution, and investment advice for the french AIFM EdR PE France) : 13.5

NB : as indicated by the PRI secretariat, is indicated the number of staff for entities which are directly concerned by the activities of asset management of the EdR PE platform.

It must be understood that staff of GPs is not reported.

OO_02.2 :

As indicated by the PRI secretariat, we take into account the countries in which management companies have offices :

- EdR PE & CBR Management : Luxembourg

- CBR Conseil : Switzerland

- EdR PE France : France

===> 3 countries

OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

Yes

03.2. List your subsidiaries that are separate PRI signatories and indicate if you would like to report their RI activities in your organisation’s consolidated report.

Name of PRI signatory subsidiary (Up to six subsidiaries may be reported)	RI implementation reported here on a consolidated basis
Amethis Investment Funds (Amethis, Amethis II and Amethis Mahgreb)	Yes No
	Yes No
	Yes No
	Yes No
	Yes No
	Yes No

03.3. Additional information. [Optional]

The Amethis Investment strategy is a UNPRI in its own right since 2013 and need to report individually as requested by its investors.

OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

31/12/2019

04.2. Indicate your total AUM at the end of your reporting year.

Include the AUM of subsidiaries, but exclude advisory/execution only assets, and exclude the assets of your PRI signatory subsidiaries that you have chosen not to report on in OO 03.2

Total AUM
Total AUM	trillions	billions	millions	thousands	hundreds
Currency
Assets in USD
Assets in USD	trillions	billions	millions	thousands	hundreds

Not applicable as we are in the fund-raising process

04.3. Indicate the total AUM of subsidiaries you have excluded from your report (as named in OO 03.2 under “No”). Provide this figure based on the end of your reporting year

Total AUM
Total AUM	trillions	billions	millions	thousands	hundreds
Currency
Assets in USD
Assets in USD	trillions	billions	millions	thousands	hundreds

04.4. Indicate the assets which are subject to an execution and/or advisory approach. Provide this figure based on the end of your reporting year

Not applicable as we do not have any assets under execution and/or advisory approach

04.5. Additional information. [Optional]

- Amethis : AIF_reports on its own right as a signatory since 2013.

Commitmemt total as of 31.12.2019 (Total commitment once final closing done) : 594,87 mios EUR

------> Total AuM as of 31.12.2019 for EdR PE Platform as a whole : 2'411,51 millions EUR

------> Total AuM as of 31.12.2019 excluded from our report (Amethis, Amethis II and Amethis Mahgreb) : 594,87millions EUR.

------> Total AuM as of 31.12.2019 that we will report on : 1'816,64 millions EUR

OO 06. How would you like to disclose your asset class mix

06.1. Select how you would like to disclose your asset class mix.

as percentage breakdown

	Internally managed (%)	Externally managed (%)
Listed equity	0 0	0 0
Fixed income	0 0	0 0
Private equity	>50% 63.8	0 0
Property	<10% 4.11	0 0
Infrastructure	10-50% 22.53	0 0
Commodities	0 0	0 0
Hedge funds	0 0	0 0
Fund of hedge funds	0 0	0 0
Forestry	0 0	0 0
Farmland	<10% 1.37	0 0
Inclusive finance	0 0	0 0
Cash	0 0	0 0
Money market instruments	0 0	0 0
Other (1), specify	<10% 8.18	0 0
Other (2), specify	0 0	0 0

`Other (1)` specified

          Private Equity Impact fund strategy focused in soil remediation of former industrial area and rehabilitation with new a real estate mix development.

as broad ranges

06.2. Publish asset class mix as per attached image [Optional].

06.3. Indicate whether your organisation has any off-balance sheet assets [Optional].

Yes

06.5. Indicate whether your organisation uses fiduciary managers.

Yes, we use a fiduciary manager and our response to OO 5.1 is reflective of their management of our assets.

No, we do not use fiduciary managers.

06.6. Provide contextual information on your AUM asset class split. [Optional]

All the asset managed by the EdR PE Platform are only private aquity assets.

OO 07. Fixed income AUM breakdown (Not Applicable)

OO 08. Segregated mandates or pooled funds (Not Applicable)

OO 09. Breakdown of AUM by market

09.1. Indicate the breakdown of your organisation’s AUM by market.

60 Developed Markets

9 Emerging Markets

30 Frontier Markets

1 Other Markets

Total 100% 100%

09.2. Additional information. [Optional]

This breakdown includes Amethis, a sustainable thematic investment fund dedicated to the support & growth in Africa only invest in emerging & frontier market in Africa. Also, our Agroforestry impact fund strategy only invests in emerging market in Africa and Latin America.

The majority of our investments concern developed markets (first Europe and then US).

Next Section