Alternative investment manager Kayne Anderson Capital Advisors (Kayne) has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI).
The PRI is recognised as the leading global network for investors committed to integrating environmental, social and governance (ESG) considerations into their investment decisions. PRI signatories represent more than 2,250 institutions globally and collectively report more than USD80 trillion in assets under management.
“We are pleased to become signatories of the UN-supported PRI and understand the importance of responsible investment,” says Mike Levitt, CEO of Kayne Anderson. “We believe working together to put the principles for responsible investment into practice will enhance the long-term sustainability of our investments and enhance our ability to continue to deliver attractive risk-adjusted returns for our investors.”
“We are delighted that Kayne Anderson has joined the Principles for Responsible Investment,” says Fiona Reynolds, PRI CEO. “It takes a forward-thinking organisation to recognise the importance of ESG issues in developing long-term investment strategies and I applaud the commitment of organisations that do so.”
