Tag: ESG

Newcore Capital wins best ESG firm award from Private Equity Wire

Newcore Capital wins best ESG firm award from Private Equity Wire

ESG

Awards

Newcore Capital Management, the UK social infrastructure real estate investment manager, is pleased to announce that it won the coveted Best ESG Firm – Small Cap award at this year’s Private Equity Wire ESG AAA European Awards.

Newcore’s COO, Neil Sarkhel, and Director of Sustainability, Kate Sandle, were presented with the award at the Kimpton Fitzroy Hotel in London. The awards have been created to benchmark, acknowledge, and reward the efforts of private equity firms that have created sustainable and sector-leading ESG policies at both the portfolio company and management firm level in Europe.

Hugo Llewelyn, CEO of Newcore, said: “We are delighted to have won the Best ESG Firm – Small Cap award. Newcore was founded with the belief that capital managers can provide strong returns for investors and at the same time intentionally create a positive impact for the communities within which it invests and the environment. As a B Corporation, actions to address social, climate and biodiversity challenges are embedded throughout our business, our governance and how we run our funds”.

Newcore publishes 2022 Impact Report

Newcore publishes 2022 Impact Report

Since Newcore launched over a decade ago, we have tried to run our capital management business in a different way to the mainstream. We believed, even back then, that the “pre-2008” model of capital management – that led to the financial crisis and which was a prelude to current day economic market conditions – was not a sustainable one. 

Our 2021/22 Impact Report explains how we try to do this. 

Newcore’s mission is simply to deliver strong returns from sustainable investment in social infrastructure. 

We are driven by a belief that strong and sustainable risk-adjusted returns are best achieved on a long-term basis when you adhere to a rigorous governance framework and incorporate community and environmental considerations into business plans – both at fund and management platform level. That ethos has helped us to deliver 17%+ p.a. aggregate IRR on AUM since inception (with modest financial leverage) and we were the first dedicated UK real estate investment manager to certify as a B Corporation.  For Newcore, the past 12 months have resulted in the formal integration of our social and environmental objectives and the launch of our latest UK social infrastructure fund, NSS V LP.  In 2022, we’ve updated our brand, clarified our mission and launched a new website. We’ve also published our latest Impact Report where we reflect on what we’ve done, not managed to do; and what we want to do in the future. 

Newcore’s 2020 Impact Report

Newcore’s 2020 Impact Report

Click here to read Newcore’s 2020 Impact Report