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(upbeat music)

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<v ->The last several years,</v>

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we've seen a really remarkable transformation

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in the richness of sustainability data.

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EDCI has been a really big part of that.

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<v ->To get real ESG insights into our portfolio,</v>

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we need the same ESG data points

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from as many GPs as possible.

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And for that, we need a standardized,

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internationally recognized framework.

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The EDCI has become that framework.

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<v ->Our hypothesis is that companies that can harness that</v>

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to get a better look at how they stack up

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against their peers

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and against the markets that they're serving, those

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companies are going to have a real competitive advantage.

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<v ->The EDCI is uniquely positioned</v>

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to solve a collective action problem.

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We are doing something together

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that we could not do individually.

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<v ->And so EDCI inspires me,</v>

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because it is the best of what happens

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when we come together to collaborate,

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because that collaboration actually unlocks competition.

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<v ->TowerBrook is proud to be a founding member of the EDCI.</v>

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We were inspired by the vision

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of the entire private equity industry coming together.

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GPs, LPs, buyout firms, middle market investors,

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U.S., European, and Asian investors,

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we are all united through EDCI to align

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around the measurement of core ESG metrics.

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<v ->We have been a member of EDCI since the outset.</v>

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We're very interested in the automation aspect

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and GP to LP exchange.

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We think that this creates an efficiency for both sides,

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and hopefully drives optimization

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and allows us to focus on what we should be focusing on,

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which is value creation in our portfolio.

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<v ->ESG performance data is very important</v>

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to our pension clients' responsible investment goals,

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and EDCI has unlocked that data for us.

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And now through the GP to LP transfer functionality,

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as a premium member, we're able to easily

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and securely request the data from our GPs.

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And through that improved data-sharing functionality,

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we're achieving significant efficiency gains.

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<v ->Premium membership offers tangible benefits</v>

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for TowerBrook. For example,

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access to the like-for-like benchmark

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has helped us identify value-creation opportunities

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in our portfolio.

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We also look to the functionality of the premium membership

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to enable better data sharing and transparency with our LPs.

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<v ->BCG brings incredible consulting</v>

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and organizational expertise, along with the data skills

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of their Expand team, which helps us clean, aggregate,

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and create this benchmark

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of more than 6,000 private companies,

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which is an incredible undertaking

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that, as a volunteer organization,

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we wouldn't have been able to do on our own.

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<v ->BCG is supporting the ESG Data Convergence Initiative</v>

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to bring the best of our capabilities

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to support the private markets in driving convergence

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around meaningful sustainability metrics.

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We're delighted to bring the best of our bespoke analytics,

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custom benchmarks, and core data-sharing functionalities

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to help investors truly understand

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their current performance

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and where sustainable value creation

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will occur in the future.