Pareto Alternative Investments (PAI) focuses on illiquid investments in real assets across industries including real estate, infrastructure, shipping, offshore/oil services and renewables. The primary investment target is to generate attractive returns through long-term and stable cash flows. PAI offers both equity and private debt mandates within real assets.
PAI generally has a position as a majority owner or sole owner of real assets, as well as a position as majority or sole lender to companies owning real assets. Therefore, PAI believes it has a responsibility towards society, as well as its investors, to ensure that such real assets are built, operated and managed in a responsible manner.
The investments are according to specific mandates and strategies for each fund or vehicle. Some existing funds have explicit RI guidelines and principles for investments, with corresponding reporting requirements to the investors as part of their mandates and partnership agreements. Other funds have no such requirements, but PAI is seeking to incorporate responsible investment practices in such funds, expected to be completed in 2020. All new fund/mandates that are being established have extensive RI policies built in.
PAI has developed a climate strategy for its existing mandates based on the TCFD framework.