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Sustainability Policy

HCapital’s goal is to deliver adequate financial returns to investors while acting with integrity and taking a responsible approach to investment both in its internal operations and when dealing with its investors, portfolio companies, advisors, local communities and society as a whole.

HCapital is committed to integrate ESG factors into its investment process, most critically in the strategy and operations of its investees, contributing to the creation of resilient companies, operating under sustainable business models and adequate governance systems.

Our understanding is that the increasing consumer awareness for ESG issues, along with the regulatory push from supervisors and other authorities or public institutions, contribute to a better alignment of investors’ interests with those of society as a whole.

Please refer to our Sustainability Policy for more information.

EU Sustainable Finance Disclosure Regulation

“SFDR”

The information on this section addresses the obligations set out in EU Regulation 2088/2019, of November 27, 2019, regarding the disclosure of information related to the SFDR.

Integration of Sustainability Risks.
Art. 3 of Regulation (EU) 2019/2088 – disclose the entity’s guidelines for integration of sustainability risks into the investment process.

Information on how HCapital integrates sustainability risks into its investment process is included in its Sustainability Policy.

Consideration of principal adverse sustainability impacts.
Art. 4 of Regulation (EU) 2019/2088, disclose whether principal adverse impacts of investment decisions or advice on sustainability factors are considered as part of the investment decision or advice.

HCapital considers the Principal Adverse Impacts of its investment decisions on sustainability factors. A statement on HCapital’s principal adverse impacts is available here.

Remuneration and integration of sustainability risks.
Art. 5 of Regulation (EU) 2019/2088, disclose how remuneration principles relate to the integration of sustainability risks disclosed under art. 3 of the SFDR.

Information on how HCapital integrates sustainability risks in its remuneration principles is included in its Sustainability Policy.

Sustainability-related disclosures for HCapital’s funds under management
Art. 10 of Regulation (EU) 2019/2088, transparency of the promotion of environmental or social characteristics and of sustainable investments on websites.

1. HCapital SCA-SICAR

This funds meets the conditions set out in Article 6 of Regulation (EU) 2019/2088.

2. HCapital II Fundo de Capital de Risco Fechado

This funds meets the conditions set out in Article 8 of Regulation (EU) 2019/2088.

Website disclosure pursuant to article 10 of Regulation (EU) 2019/2088 – here.

Pre-contractual disclosure pursuant to Article 8(1), (2) and (2a) of Regulation (EU) 2019/2088, and Article 6(1) of Regulation (UE) 2020/852 – here.

3. HCapital New Ideas – Fundo de Capital de Risco Fechado

This fund meets the conditions set out in Article 6 of Regulation (EU) 2019/2088.

4. HCapital New Ideas II – Fundo de Capital de Risco Fechado

This fund meets the conditions set out in Article 6 of Regulation (EU) 2019/2088.

Last update: February 2025

EU Taxonomy Regulation

Art. 7 of Regulation (EU) 2020/852 – Transparency of other financial products in pre-contractual disclosures and in periodic reports.

Given that no products managed by HCapital fall within the scope of SFDR’s Art. 8 or Art.9, the company declares that the investments underlying its financial products do not currently take into account the EU criteria for environmentally sustainable economic activities.