Page 15 - Aifi 2023_preview

Working groups currently active in AIFI
– ESG
– Infrastructures
– Technology transfer
Code of Conduct
Participating to the Association, Members are committed:
Art. 1. To conduct their own activity in a professionally correct way, keeping away from any action damaging the private equity, venture capital and private debt investment activity image, the Association image and the Members’ image.
Art. 2. Not to disclose to third parties any confidential information gained in the exercise of their activity, unless they receive an expressed authorisation.
In particular, Full Members are committed:
Art. 3. To adopt a long run vision of the economy in general and, in particular, of the private equity, venture capital and private debt investment activity, in order to create value in target companies, rather than to commit to short run speculation.
Art. 4. Not to discredit or criticise other Full Members during their negotiations with potential participated companies and during the conduction of their activity in general.
Art. 5. Not to accept in their fund capital any money coming from an unsure source, not to rep- resent any investor group with an unknown composition and to strictly respect the anti-money laundering law.
Art. 6. To have towards direct investors and subscribers of the fund, both management com- panies and management teams, an honest conduct not in conflict of interests, with the only aim of maximising performance for investors.
Art. 7. To provide their investors a clear, complete and updated information on a regular basis.
Art. 8. To provide AIFI the information requested to run the Association’s institutional activity.
Members are committed:
Art. 9. To respect this Code of Conduct and to make sure it is respected by their managers, employees and staff in general.
AIFI has strengthened the Code of Conduct with a new set of recommendations in order to better regulate the behaviours of Members within the Association and third parties. This will guarantee more transparency and avoid harmful behaviours by the Members and will pre- serve the image of the industry to the public.
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AIFI YEARBOOK 2023 ABOUT AIFI 15