PRI, PRI Assessment and ELFA – Further Information

The Principles for Responsible Investment (PRI) Assessment is based on information provided by PRI signatories, like Muzinich & Co., Inc. If you have any questions regarding the assessment, please contact Muzinich. The PRI Assessments are not validated by a third party and are not indicative of being compared to other advisers. Signatories report on their responsible investment activities by responding to asset-specific modules in the Reporting Framework. Each module houses a variety of indicators that address specific topics of responsible investment. Signatories’ answers are then assessed, and results are compiled into an Assessment Report. The Assessment Report includes indicator, section, and module scores. Signatories are provided an PRI Assessment Score of A+ through E on an annual basis. Such assessments are granted by the PRI based on six broad ranges to be assigned based on the score in a specific module. A module score of 95% or higher is A+, 76-94% is A, 41-75% B, 26-50% C, 1-25% D and 0% E. Each module contains core and addition assessed indicators. The Strategy and Governance Assessment Score has the following sections, Responsible Investing Policy, Objective and Strategies, Governance & Human Resources, Promoting Responsible Investing, ESG Issues in Asset Allocation and Assurance of Responses. Fixed Income Corporate (Financials) and Fixed Income Corporate (Non-Financial) Assessment Score has Implementation Processes, Implementation Screening, Implementation Thematic, Implementation Integration, Engagement, Outputs and Outcomes and Communication. For more information on the PRI Assessment see https://www.unpri.org/signatories/about-pri-assessment.

In 2018 Muzinich & Co. Limited joined the European Leveraged Finance Alliance (“ELFA”): ELFA is a trade association comprised of European leveraged finance investors that seeks to create a more transparent, efficient, and resilient leveraged finance market while acting as the voice of its investor community. Muzinich is a founding member of ELFA. https://elfainvestors.com/who-we-are

In 2010 Muzinich & Co., Inc. together with its affiliates became an Investment Manager signatory of the UN-Supported Principles for Responsible Investment: The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. https://www.unpri.org/signatories/muzinich-and-co/1519.article