Originally published: August 14, 2022
Updated: April 5, 2024
No Consideration of Sustainability Adverse Impacts
Overkill Ventures AIFP SIA and its managed funds Overkill Ventures Fund I AIF, KS and Overkill Ventures Fund II AIF, KS (collectively - Overkill) do not consider sustainability factors or sustainability risks as part of its investment decision making as defined by the EU Sustainable Finance Disclosure Regulation (Regulation (EU) 2019/2088) (SFDR). The remuneration policy at Overkill does not consider or integrate sustainability risks.
The investment period of Overkill managed funds has ended in 2021 and 2023 and these financial products are not being offered to potential clients/investors.
Considering these factors as well as the type and scale of Overkill activities and resources, specifically, small fund and team size, significant portfolio size, the type of assets Overkill holds (minority shares in illiquid, early stage technology startups), implementing any changes to the current funds under management would be complicated and yield no benefits. Overkill currently has no plans of raising a new fund.
It is important to note that Overkill focuses on investments in technology companies and number of Overkill's portfolio companies directly address sustainability challenges.
Definitions (as per SFDR):
Sustainability factors: environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters.
Sustainability risks: an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment