Everberg Capital becomes United Nations PRI signatory

Everberg Capital (Everberg), a structured capital fund focused on investing primarily in the US middle market, has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI). 

The PRI is a global network for investors committed to integrating environmental, social and governance considerations into their investment decision making.
 
Launched in 2006, the PRI now includes over 3,600 signatories consisting of asset owners, investment managers and service providers. The group’s six principles help members incorporate ESG and sustainability issues into long-term investment decision-making.

One example of Everberg’s commitment to ESG principles is the firm’s recent investment in Penn Foster, a leading provider of high school diploma, workforce education and training solutions. This investment reflects Everberg’s conviction that advanced labor market analytics and low-cost digital training equip individuals to make better-informed decisions about their investment in education. Penn Foster enables employers to close skills gaps by identifying and creating career paths for historically untapped talent. Everberg looks forward to partnering with management to drive the depth and breadth of the company’s meaningful impact.
 
Scott Siegel, Managing Partner, at Everberg Capital, says: “We are proud to have been accepted as a PRI signatory. Environmental, Social and Governance principles have been integral to Everberg’s corporate strategy since our founding. We are committed to responsible investing practices that involve all stakeholders and incorporate them into everything we do. Our strategy prioritises people, enforces sustainability across our portfolio, and incorporates diverse and democratic business governance. Every facet of our operations and investment process aims to reinforce positive impact across our companies and their communities.”
 
Fiona Reynolds, CEO, at PRI, says: “We are very pleased to welcome Everberg as a PRI signatory. Their commitment demonstrates the growing awareness and importance of ESG to the investment decision-making process. Addressing ESG as an enterprise creates opportunities beyond just good corporate citizenship; it allows businesses to achieve longer sustainable returns in their portfolios, ultimately benefiting customers, employees, and communities.”
 
 

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