BALTIMORE, June 9, 2021 /PRNewswire/ -- Patriot Capital, a multi-strategy middle market investment firm, announced today that the firm has become a signatory to the UN's Principles for Responsible Investment (PRI). Implemented by the United Nations Secretary-General, the PRI were developed by an international group of institutional investors reflecting the increasing relevance of Environmental, Social, and Corporate Governance (ESG) issues to investment practices.
"We're proud to become a signatory to the PRI. While ESG investing has recently grown in popularity, Patriot has been operating with an implicit responsible investing lens for over 20 years," said Charles McCusker, managing partner at Patriot Capital.
"The pandemic and the related events of the past year compelled us to take formal action and become advocates for change in the investment industry. As a firm, we're approaching $1 billion of invested capital and we know that we can be active change agents and advocates in the investment industry," said Jon Cope, principal at Patriot Capital.
As part of Patriot Capital's commitment to the PRI, the firm will adhere to its stringent principles and commit to:
"Our Responsible Investing framework guides our entire investment lifecycle ? from initial deal sourcing and screening, through due diligence, and during the life of a portfolio company investment," added Stacey Wittelsberger, principal at Patriot Capital. "Our framework centers around three pillars of Culture, Compliance, and Community, and we have already started to dialogue with our portfolio companies on how we can have a lasting impact on these important issues."
About Patriot Capital
Patriot Capital is a multi-strategy middle market investment manager. Patriot Capital utilizes a disciplined investment strategy developed over many years that focuses on capital preservation, consistent earnings growth, and income generation. Patriot Capital has invested in and managed companies successfully through varying periods of economic expansion and contraction. We understand and employ successful strategies and tactics needed to guide our companies through these periods. For more information, please visit our website at www.patriot-capital.com.
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SOURCE Patriot Capital
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