In December 2017, Kartesia employees voted to replace the year-end corporate gift with a donation to a project benefiting underprivileged children. Since then, we have donated to several non-profit organizations on an annual basis. In 2021, we donated to Etoiles du Sol, a French non-profit working for the benefit of underprivileged children in the North of Paris, mainly Saint Ouen.
In 2021 the European CLO industry has been exceptionally busy, but is has also significantly developed in terms of ESG. Previously, we have witnessed the apparition of ESG negative screening provisions in EUR CLO new issuances and resets. While this year, we have seen managers introducing subjective ESG scoring across CLO portfolios as well as objective ESG reporting on CLO assets.
Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, is pleased to announce it has provided a financing solution to support mid-market private equity firm Palatine Private Equity (“Palatine”) and its portfolio company, Leicester-based Construction Testing Solutions (“CTS” or “the Company”).