Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, is pleased to announce that it has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI). The PRI is recognized as the leading global network for investors who are committed to integrating environmental, social and governance (ESG) considerations into both their firm governance and investment decisions.

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“Being a signatory to the UN’s Principles for Responsible Investment fits with our overall mission of corporate accountability, ensuring we’re serving the long-term interests of our investors and the companies with which we partner,” said Robert T. Ladd, Managing Partner at Stellus. “Stellus has had a formal ESG policy in place since 2019 covering both our investment strategy and corporate governance, and our official adoption of the PRI is an outward commitment to those guiding principles.”

The PRI acts in the long-term interests of its signatories, the financial markets and economies in which they operate, and ultimately of the environment and society as a whole. Signatories pledge to incorporate the PRI’s six Principles for Responsible Investment into their investment, due diligence and portfolio management practices to create a more sustainable environment for global financial and investment activities. Launched in New York in 2006, the PRI has grown to more than 4,600 signatories, managing over $121 trillion in AUM. For more information, visit www.unpri.org.

Source: BusinessWire