KJK Capital is the investment advisor for KJK Management, a Luxembourg licensed Alternative Investment Fund Manager (AIFM). Please continue to KJK Management website for more info on our Private Equity Funds.
EU Sustainable Finance Disclosure Regulation
KJK Capital makes the following disclosures in accordance with the Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (the “SFDR”).
Pursuant to Article 3 of the SFDR, KJK Capital is required to disclose the manner in which sustainability risks (as defined hereafter) are integrated into the investment decision-making process.
A sustainability risk means an environmental, social or governance event or condition that, if it occurs, could cause an actual or potential material negative impact on the value of the investments made by KJK Capital Oy. In the context of the firm, sustainability risks are risks which, if they were to crystallise, would cause a material negative impact on the value of the portfolios of the funds we advise.
Such risk is principally linked to climate-related events resulting from climate change (i.e. physical risks) or to the society’s response to climate change (i.e. transition risks), which may result in unanticipated losses that could affect an investment. Sustainability risks can also affect companies by introducing social risks (i.e. gender gaps, social inequality) and governance risks (i.e. bribery issues, selling practices).
The impacts following the occurrence of a sustainability risk event may be numerous and vary in significance depending on industries, regions and asset classes.
Such sustainability risks are integrated into the investment decision-making and risk monitoring to the extent that they represent potential or actual material risks and/or opportunities to maximize the long-term risk-adjusted returns.
No consideration of sustainability adverse impacts
KJK Capital does not consider the adverse impacts of investment decisions on sustainability factors (as defined hereafter) in the manner prescribed by Article 4 of the SFDR considering that non-financial data is still not available in satisfactory quality and quantity to allow the firm to adequately assess the potential adverse impact of its investment decision on sustainability factors.
The position will be kept under review as the underlying rules are finalised and are embedded in the short to medium term.
Sustainability factors means environmental, social and employee matters, respect for human rights, anti-corruption and anti-bribery matters.
The firm pays its staff a combination of fixed remuneration (salary and benefits) and variable remuneration (including bonus). Variable remuneration for relevant staff takes into account compliance with all of the firm’s policies and procedures as well as with the firm’s internal risk management framework and risk limits, including those relating to the integration of sustainability risks. In this regard, KJK Capital’s remuneration policies do not encourage risk-taking which is inconsistent with its internal risk limits or with the risk profile of the funds that KJK Capital advices, including sustainability risks stemming in particular from climate-related events or from the society’s response to climate change.
Client Information for Finnish Clients (in Finnish only)