Bregal Unternehmerkapital (‚BU ‚) is a leading investment firm with offices in Zug, Munich, and Milan. The funds advised by BU invest in mid-sized companies based in Germany, Austria, Switzerland, and Italy. With the mission to be the partner of choice for entrepreneurs and family-owned businesses, BU seeks to partner with market leaders and ‚hidden champions‘ with strong management teams and outbreak potential. Since its founding in 2015, the funds managed by BU have invested over €3.0 billion in more than 100 companies with over 20,000 employees and work as strategic partner with entrepreneurs and families to develop, internationalize, and digitize their businesses, while helping them generate sustainable value on a responsible basis with the next generation in mind. As part of its sustainability strategy, BU has developed a climate action plan that outlines the path to achieving our science-based carbon reduction targets and our commitment to net zero through the Net Zero Asset Management Initiative. BU has set a target for 40% of portfolio companies to set SBTi targets by 2025, and 100% of portfolio companies by 2030. In addition, BU has established a dedicated EUR 50 million funding source to help companies meet their science-based targets by investing in decarbonisation levers. Finally, in 2021, BU worked closely with inititave Climat International (‚iCI ‚) to lead the development of the first-ever science-based target setting guidance for the private equity industry and continues to drive industry guidance on climate change through iCI.