CUBERA PRIVATE EQUITY
Disclosures on sustainability
Integration Of Sustainability Risks Into The Investment Process
This section refers to the requirements of art. 3 of Regulation (EU) 2019/2088 for financial market participants and financial advisors to disclose the entity's guidelines for integration of sustainability risks into the investment process.
This section refers to the requirements of art. 5 of Regulation (EU) 2019/2088 for financial market participants and financial advisors to disclose how remuneration principles relate to the integration of sustainability risks disclosed under art. 3 of the SFDR.
The EU Sustainable Finance Disclosure Regulation (regulation EU 2019/2088, abbreviated “SFDR”) came into effect on 10 March 2021 and requires financial market participants and financial advisors to provide disclosures on specific topics concerning sustainable finance.
The following disclosures apply to Cubera Private Equity. For fund-specific information, please refer to the relevant fund’s prospectus or private placement memorandum.
In accordance with the SFDR, Cubera Private Equity ("Cubera") is to disclose how sustainability risks are integrated into the investment advice provided to Cubera's client funds, or the investment decisions where applicable.
At Cubera, ESG considerations are an integral part of the investment process, as Cubera believes that responsible investment is paramount to generating long-term value to its investors, which is Cubera's ultimate objective. Careful ESG assessments of evaluated investment opportunities are made as part of the analysis process, and the findings are explicitly shared with clients as part of Cubera's investment recommendations.
As Cubera is a fund-of-funds investment advisor, sustainability risks are considered in Cubera's investment analyses at the portfolio fund manager level, whereby the target fund manager's ESG track record, capabilities and commitments are carefully screened and evaluated in the due diligence process. Where applicable, e. g. in co-investments in portfolio companies together with the portfolio fund manager, investment opportunities are screened at the company level in order to evaluate inherent sustainability risks. Detected breaches with Cubera's ESG principles or material sustainability risks to investment performance are disclosed as part of Cubera's investment recommendations which ultimately can result in investments not to be undertaken.
For more information on Cubera's ESG principles and the integration of sustainability risks into our investment advisory process, please refer to Cubera's ESG Policy, which is available for download on the company website.
Remuneration And Integration Of Sustainability Risks
Cubera requires relevant employees to adhere to its investment decision making processes, including with respect to ESG considerations. Cubera may from time to time decide that specific ESG-related metrics are set for specific individuals based on the priorities and role of that individual, which could ultimately affect that individual’s remuneration. Cubera also believes its commitment to ESG is material to investment performance over the long-term, which itself affects relevant employees’ remuneration.
Read more about Cubera’s remuneration policy here.