DBAG ECF III

DBAG ECF III (DBAG Expansion Capital Fund Second New Vintage) has structured three management buyouts of mid-market family businesses; two of the companies were sold by their founders. Two companies have a business model from the broadband telecommunications sector, the third is a software developer.

Portfolio

Company Sector Acquired Realised
Deutsche Infrastruktur und Netzgesellschaft mbH (DING); merger with vitronet in May 2021 Broadband/telecommunications November 2019  
Solvares IT services & software October 2018  
BTV Multimedia Broadband/telecommunications August 2018 May 2023

Key Facts DBAG ECF III

Since 2017, the investors renew their capital commitments every two years. The fund can thus commit to investments with a term of about ten year, which is important especially for growth financings.

DBAG ECF III ran from June 2018 to December 2020.

Sustainability-related disclosure obligations in relation to DBG Managing Partner GmbH & Co. KG

DBG Managing Partner GmbH & Co. KG is an AIF capital management company registered under the German Capital Investment Code (Kapitalanlagegesetzbuch, KAGB) and, as such, is required to disclose sustainability-related information in accordance with Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector (SFDR).

Information on the integration of sustainability risks in the investment decision‐making process
DBG Managing Partner GmbH & Co. KG integrates sustainability risks into its investment decision-making processes, as described in 2.2. of the guideline “Sustainability and Responsible Investment”. A sustainability risk is an environmental, social or governance event or condition, the occurrence of which could cause an actual or a potential material negative impact on the value of the investment.

Information on the consideration of material adverse impacts on sustainability factors
DBG Managing Partner GmbH & Co. KG is committed to considering sustainability risks in its investment decision-making processes. However, it currently makes use of the option not to consider material adverse impacts of investment decisions on sustainability factors. DBG Managing Partner GmbH & Co. KG is currently not in a position, in its view, to compile all the data required under the SFDR on adverse sustainability impacts in a systematic, consistent manner and at reasonable costs.

This decision is subject to regular review by the management of DBG Managing Partner GmbH & Co. KG.

Information on the remuneration policy
As a registered AIF capital management company, DBG Managing Partner GmbH & Co. KG does not have a formulated remuneration policy in accordance with the requirements of the KAGB. However, DBG Managing Partner GmbH & Co. KG appropriately considers sustainability risks as part of its remuneration policy and its remuneration policy is consistent with the inclusion of sustainability risks. The remuneration system of DBG Managing Partner GmbH & Co. KG does not offer any incentives to take sustainability risks in relation to DBG Managing Partner GmbH & Co. KG or the alternative investment funds it manages.