Transparency

It is essential that everyone understands our objectives, plans and results

We are committed to providing our investors and other stakeholders with a high level of disclosure around our structure and operations and how we create long-term value in our businesses.

In 2007, following the recommendations made by Sir David Walker in his report ‘Disclosure and Transparency in Private Equity’, Terra Firma was one of the first private equity groups in the UK to publish an annual review of its business. Our portfolio businesses share our dedication to transparency, corporate social responsibility and environmental awareness. The majority publish annual reports in line with the Private Equity Reporting Group (PERG – formerly the Walker Guidelines Monitoring Group) guidelines, although this is not mandatory for non-UK businesses. Annual PERG reports on industry compliance have consistently included Terra Firma’s businesses as examples of good disclosure.

Terra Firma is active in the development of industry practices, through the British Venture Capital Association (BVCA) and Invest Europe.

In addition, Terra Firma has endorsed the Institutional Limited Partner Association (ILPA) Private Equity Principles, and is a signatory to the UN-supported Principles for Responsible Investment.

Our annual PRI report and assessment are available here and here.