IN THIS SECTION


Global highlights 2009

Corporate responsibility At Advent we recognize and understand our obligations as a business. We aim to make a long-term contribution to our portfolio companies and leave them well-positioned for the future. We try to offer our people satisfying and rewarding careers. Our corporate citizenship is focused on promoting the wellbeing of our people around the world and supporting their individual interests and activities.

Our approach

As a private partnership, we take a personal approach to the social contributions we choose to make. Our policy is therefore to support pro bono work and personal involvement in areas of social responsibility such as fundraising, voluntary work, external appointments and memberships. From time to time these initiatives can grow into opportunities for collective participation, as was the case with the Reach the Beach Relay in 2009 (see Reach the Beach Relay).

Our values

Common values shape the distinctive culture of our organization. By adhering to its cornerstones of trust and respect, we have built a reputation for fairness, honesty and partnership. We believe that it is our responsibility as a partnership to be accountable for the business as a whole and are committed to open debate and collaboration across the firm. We uphold the highest ethical standards in our business dealings. We work together and share responsibility as one team. Our history and traditions are important to us, yet we are also progressive and innovative. We try to keep success and failure in perspective, aspire to learn from any situation and recognize that there is always more to do.

Our responsibilities

We take our fiduciary duties seriously and aim to act responsibly in everything that we do. We strive to comply with all of the laws, regulations and guidelines that apply to our activities at all times.

Stakeholder dialogue

We maintain a continuous dialogue with our investors, our portfolio companies, intermediaries and the wider private equity community. Certain investors regularly attend fund advisory committee meetings. We also provide regular communications on investment and exit activity, quarterly fund financial reports and hold an annual conference for investors in our active buyout funds. Limited partners can access information about our funds and their investments at any time through a secure extranet.