We understand that each client has specific preferences, objectives and constraints. Our manager selection approach is tailored to meet the specific requirements and investment principles of each of our clients according to their needs and preferences.
        

          Aksia seeks to include ESG factors in our due diligence process through the evaluation of the ESG processes and degree of ESG integration into the investment processes by investment managers.  Aksia also assesses ESG factors (both positive and negative) of investment managers and their Fund’s strategies and underlying investments. Aksia is sourcing sustainability focused investment strategies in consideration of specific client objectives.
        

          Aksia raises and manages ESG concerns when monitoring client investments by highlighting ESG risks and issues in our research reports which are shared with our clients and discussing ESG risks at the portfolio level with the investment manager. As part of this analysis, Aksia evaluates the materiality of the exposure in question and the materiality of the potential issue, considering both financial and non-financial factors. Aksia also publishes ad hoc desk-notes to our clients outside of the regular research cycle, which may flag new and emerging ESG issues that Aksia considers to be material.  

Aksia’s advisory team maintains an ongoing dialogue with our clients, which includes raising and discussing ESG issues identified in our research, particularly where clients have relevant sensitivities on specific ESG factors.  

Potential issues or highlights are raised to the ESG Committee by the relevant investment or operational due diligence professional. Subject to a majority vote of the ESG Committee, a description of the ESG consideration (negative or positive) may be included in the operational due diligence report. The identified ESG considerations are re-evaluated and reported at each annual operational and/or investment due diligence update, as applicable.
        

          Aksia proactively makes recommendations regarding client investment policies, portfolios and managers, and our advisory and research teams regularly review each advisory  client’s portfolio and underlying investments. Aksia documents its recommendations, and all reports and monitoring updates are made available to clients directly through our online client platform.
        

          We conduct thorough due diligence ahead of each investment and monitor advisory client investments on an ongoing basis. The monitoring process includes the following teams:   

- Aksia’s risk team is independent from, but complementary to, the investment due diligence team and conducts its own risk monitoring, which includes monthly hedge fund risk exposures and quarterly loan level risk monitoring and transparency for private market funds.   
- The IDD team monitors investments through monthly hedge fund and quarterly private market fund updates, quarterly data requests, and annual re-underwriting of hedge funds.   
- The ODD team performs an annual re-underwriting of hedge fund investments and annual document review for private fund investments.   
- The portfolio advisory team sources investments, makes recommendations and monitors the portfolio on an ongoing basis. The team works in tandem with and incorporates information from the investment and operational due diligence, risk, and client operations teams to review portfolio construction and exposures, via ongoing overall portfolio monitoring and regular formal portfolio reviews.