Sustainability

Cubera is a subsidiary of Storebrand Asset Management (SAM), and is subject to the group’s policies on sustainable investments. For more info:

Storebrand Asset Management 

Norwegian Transparency Act (Åpenhetsloven)

Cubera is a signatory of the Principles for Responsible Investing (PRI). Cubera is a member of the ESG Data Convergence Initiative (EDCI) and Initiative Climat International (iCI).
Cubera is also a proud member of the Level 20 initiative to promote gender diversity in the private equity industry.

Read more on EDCI and Level20.

Remuneration Policy

Cubera Private Equity AS (“Cubera”) has adopted a remuneration policy in accordance with Section 3-6 of the Norwegian Alternative Investment Fund Managers Act (AIF Act), the related regulations, and Directive 2011/61/EU (AIFMD). The policy is also consistent with the integration of sustainability risks into the investment decision-making process, pursuant to the Norwegian Sustainable Finance Act (Lov om bærekraftig finans) and the Sustainable Finance Disclosure Regulation (SFDR).

The remuneration policy aims to support Cubera’s objectives relating to business and financial performance, ESG and sustainability, and ultimately the goal of delivering long-term value to investors and shareholders. Cubera’s remuneration policy is designed to promote sound and effective risk management and to avoid incentives that could encourage risk-taking inconsistent with Cubera’s risk profile, the risk profile of the alternative investment funds managed by Cubera, or the long-term interests of investors.

The remuneration policy is consistent with Cubera’s approach to integrating sustainability risks into investment decision-making. Where relevant, remuneration assessments may take into account sustainability-related performance and adherence to Cubera’s responsible investment principles as part of the applicable non-financial performance criteria.

The remuneration policy is designed to avoid incentives that could lead to the disregard of sustainability risks and is reviewed periodically to ensure continued alignment with Cubera’s responsible investment objectives

Further details regarding ESG matters are set out in Cubera’s ESG Policy. Remuneration levels and structures are established during recruitment and reviewed periodically by management.

This statement provides a summary of Cubera’s remuneration policy and its consideration of sustainability risks. Additional details are available in Cubera’s internal remuneration policy and ESG Policy.