MaxCap Group becomes RIAA Member
Melbourne, 15 October 2020 – Australia’s leading commercial real estate investment specialist, MaxCap Group has announced that following on from recently becoming a Signatory to the United Nations Principles for Responsible Investment (UN PRI), it has become a member of the Responsible Investment Association Australasia (RIAA).
Established in 2000, RIAA’s mission is to promote, advocate for, and support approaches to responsible investment that align capital with achieving a healthy and sustainable society, environment and economy. With over 300 members managing more than $9 trillion in assets globally, RIAA is the largest and most active network of people and organisations engaged in responsible, ethical and impact investing across Australia and New Zealand.
Wayne Lasky, Managing Director, MaxCap said “We are delighted to become a member of RIAA. The integration of responsible investment practices into our investment decisions is a natural extension of our disciplined approach to risk management and the integrity of our business practices. In our view, minimising our exposure to ESG risks at both an enterprise and underlying asset level, will contribute to the long-term performance and resilience of our business and our investments in the Australian and New Zealand CRE Debt markets.”
MaxCap Group is committed to integrating ESG and Responsible Investment best practice in its operations and investment strategy. MaxCap recognises that these approaches can help to ensure the alignment of investment activities with the broader interests of stakeholders and society and create long term value for our investors.