Governance

Policies & Procedures

Blue Colibri has developed policies over the years. Since its creation there are no less than twenty nine policies implemented to our organization.

You can find the list of these below :

Remark : BCC also has charters and rules and procedures for their specifics committees. Charters are not enforced as for policies they provide guidelines to the senior management on several topics

• BCC, as an illustration of its commitment towards ESG, has formally created in Q1 2021, an ESG steering committee.

• The committee is currently composed out of a combination of board members and senior management. Both the portfolio and risk / compliance functions are represented.

• The ESGSC follows explicit rules and guidelines which outline its purpose, duties and compositions.

• The ESGSC meets on a quarterly basis.

Voting Rights

What is the purpose?

Blue Colibri Capital ensures that voting rights related to shares held by its funds are exercised in the best interest of the investors.

When does it apply?

This policy applies to all funds managed by Blue Colibri unless a specific fund chooses a different voting rights policy.

How are voting decisions made?

• Blue Colibri monitors companies in which the funds are invested.

• It votes according to the fund’s objectives, as outlined in official documents.

• It can approve or reject:

  • capital changes,

  • Board appointments,

  • financial statement approvals.

Dedicated committees (Investment, ESG, Valuation…) make specific decisions via voting.

What about conflicts of interest?

They are managed under a specific internal policy to protect investors.

How often is this policy reviewed?

At least once a year.

For more information on the policy or obtain a copy, we invite our stakeholders to contact us directly.

Remuneration policy

The purpose of Blue Colibri Capital remuneration policy is to lay down the principles governing how the remuneration of the AIFM’s employees shall be established, applied and monitored.

The policy and the subsequent measures have been drafted to be appropriate to the size of BCC and of the funds it manages, the internal organisation, the nature, scope and complexity of the activities performed and its human resources.

The overall philosophy of the Policy is to promote sound and effective risk management, as well as a long-term perspective, and to discourage excessive risk-taking by the BCC’s employees. In particular, consideration has been given to the business strategy, objectives, values and interests of BCC and the Funds, in accordance with the conflict of interests’ policy.

BCC has decided to opt for the application of the proportionality principle at the level of the AIFM with respect to the different characteristics of the AIFM in terms of the size, internal organization and nature, scope and complexity of its activities and with respect to the different categories of staff.

Senior management and employees are collectively responsible for implementing ESG throughout the organisation in particular the investment / Asset / fund management process. Clear yearly objectives are set and are taken into account in the variable remuneration. Based on each individual role in the company.