Remuneration Principles
Ardabelle Capital's remuneration policy is designed to promote sound and effective risk management and to align the interests of its team with those of the investors in the funds it manages. The policy does not encourage risk-taking that is incompatible with the prospectuses, articles of association, or other constitutional documents of the AIFs managed by Ardabelle Capital.
The remuneration of employees comprises a fixed salary, which reflects the employee's professional experience and role requirements, and a variable component. Variable remuneration is determined based on a balanced set of quantitative and qualitative criteria.
Integration of Sustainability Risks into the Remuneration Policy
In accordance with Article 5 of the Sustainable Finance Disclosure Regulation (EU) 2019/2088, Ardabelle Capital discloses how its remuneration policy is consistent with the integration of sustainability risks.
Ardabelle Capital's remuneration structure directly embeds sustainability performance into the firm's financial incentives. A sizeable share of the carried interest that is available as compensation for Ardabelle's team is contingent upon portfolio companies achieving defined impact KPIs. This mechanism aims to support the alignment of the investment team's financial incentive with the delivery of measurable sustainability outcomes. It demonstrates the management team's conviction that the integration of sustainability into diligence and value creation generates material outperformance.
The remuneration policy does not encourage excessive risk-taking with respect to sustainability risks and remains consistent with the investment objectives of the AIFs managed by Ardabelle Capital.
More information on how Ardabelle Capital integrates sustainability risks can be found in the Sustainability Risk Integration Policy.