TORONTO, ONTARIO (October 22, 2018) — InstarAGF Asset Management Inc. (“InstarAGF”), an independent alternative asset management firm focused on North American middle-market infrastructure, today announced it has become a signatory to the United Nations-supported Principles for Responsible Investment (“PRI”). InstarAGF joins a growing community of 2,000 signatories around the world in formally acknowledging the importance of environmental, social and governance (“ESG”) factors in investment decisions, risk management, and investment and community outcomes.
As a leading global initiative advocating ethical and responsible investment practices, PRI provides the framework for organizations to incorporate ESG considerations into their investment policies and practices, helping to support a more sustainable and financially stable future. PRI signatories collectively represent more than US$80 trillion in assets under management.
“Our infrastructure investment thesis has, at its heart, always been guided by a strong, proactive approach to environmental, social and governance initiatives,” said George So, Managing Partner of InstarAGF. “We are proud to join this global movement, enhancing our existing focus on community stewardship, long-term relationships, and alignment of values. Becoming a PRI signatory is the natural progression of InstarAGF’s investment philosophy, commitment to our stakeholders and partners, and our vision for how quality infrastructure can create new socioeconomic opportunities for our communities and future generations.”
The six voluntary Principles for Responsible Investment offer organizations the resources to manage risk and generate sustainable returns, creating a vast network of asset owners, investment managers, and service providers from over 50 countries that are setting an international standard for ESG implementation and investment best practices. “We are delighted to welcome InstarAGF as a signatory to the PRI,” said CEO Fiona Reynolds. “Their recognition of the importance of considering ESG factors as part of the investment process, in order to provide better long-term returns, sends an important signal to other asset managers in the alternative investment space.”
ABOUT INSTARAGF ASSET MANAGEMENT
Launched in 2014, InstarAGF is an independent alternative asset management firm with an emphasis on North American middle-market opportunities in the infrastructure sector and other alternative real asset categories. InstarAGF, which makes direct investments and co-investments with like-minded investors and strategic partners, is a joint venture between Instar Group Inc., a company owned by Gregory J. Smith, and AGF Management Limited, a diversified global asset management firm. For more information: www.instaragf.com
For More Information:
Senior Vice President
InstarAGF Asset Management Inc.
Tel: (416) 815-6260