About

 

BlueSentinel is a full service advisory and private equity fund management group founded in Manhattan in 2000. We partner with corporations and family offices to propel their growth into foreign markets through acquisitions and joint ventures.

With offices in New York, Milan, Luxembourg, Dubai and Hong Kong, BlueSentinel possesses the versatility to orchestrate all elements of sophisticated transactions as well as the agility to quickly redirect attention to unforeseen developments.

By combining an unbiased data driven approach with industry and country specific knowledge in more than fifty countries, BlueSentinel has been able to identify opportunities and pitfalls early in the acquisition process, creating significant value for our clients.

Our significant growth and turnaround management experience allows us to design down-to-earth strategies for blending multicultural management teams to create companies well positioned for contemporary challenges. BlueSentinel’s mission is not complete until the profitability of our client’s business model is cemented by a successful international restructuring or expansion.

 

Holdings

Through its wholly owned subsidiary, Blue Sentinel PEM, Blue Sentinel is the General Partner of the Legatus fund. Legatus focuses on growth capital investments in small to middle market firms, primarily in Europe and the United States.

 

Sustainable Finance Disclosure Regulation

Overview

The Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (“SFDR”) came into effect on 10 March 2021. This statement has been prepared for the purpose of meeting the specific disclosure requirements set out in Articles 3 and 4 of the Regulation.

The objective of SFDR is to harmonize transparency rules with regards to the integration of sustainability risks and the consideration of adverse sustainability impacts in the Fund’s investment management processes and the provision of sustainability-related information.

Sustainability risks are defined in Article 2 of SFDR as an environmental, social or governance (ESG) event or condition that, if it occurs, could cause an actual or potential material negative impact on the value of the investment.

Legatus I SCSp (“the Fund”) qualifies as a financial market participant as defined in Article 3 of the SFDR. As a consequence, BlueSentinel PEM S.à r.l. (“the Manager”) discloses on its website information about its policy on the integration of sustainability risks in its investment decision-making process.

Transparency of adverse sustainability impacts at Fund level

Sustainability risks (climate change, health and safety, companies with breach issues such as serious criminal penalties, etc.) may represent a risk of its own and/or have an impact on other Fund risks. Therefore, sustainability risks may significantly contribute to the increase of the Fund risks, such as market risks, credit risks, liquidity risks and operational risks, while negatively impacting the value and/or the return of the Fund.

Sustainability risks may have an impact on long-term risk adjusted returns for investors. Assessment of sustainability risks is complex and may be based on environmental, social, or governance data which is difficult to obtain and incomplete, estimated, out of date or otherwise materially inaccurate. Even when identified, there can be no guarantee that this data will be correctly assessed.

Therefore, the Manager considers that, in addition to financial criteria, ESG criteria could help to enhance long-term risk adjusted returns for investors, in accordance with the investment objectives and policies of the Fund.

As of the this date, the Fund has not been designed to integrate sustainability criteria (as defined in the Article 8 or 9 of SFDR). Therefore, the Fund’s existing integration of ESG criteria will not address  these SFDR requirements.

As a consequence, neither the Fund nor its Manager promotes ESG characteristics (as defined in article 6 of SFDR) and the Fund does not have as its main objective sustainable investments (as defined in the Article 8 or 9 of SFDR).

Although the Manager might consider ESG criteria, it does not engage in actions in relation to adverse sustainability impacts or policies in accordance with Article 3g of Directive 2007/36/EC, nor does it adhere to the relevant codes and internationally recognized standards for due diligence and ESG reporting, or report the degree of its alignment with the objectives of the Paris Agreement.

Remuneration Policy

 As explained in these disclosures, Legatus I SCSp’s investment manager does not currently apply an ESG policy. Although sustainability risks are not integrated into the investment decision-making process, no specific incentives will be given to take additional risks related to sustainability aspects. Therefore, the investment manager considers that no conflict exists between its investment process and remuneration policy.