For the financial year ending 31 March 2020
The UK Modern Slavery Act 2015 (“the Act”) introduced a requirement for covered commercial organisations operating in the UK to report annually on the steps they have taken during the preceding financial year to ensure that slavery and human trafficking are not taking place in their own business or in their supply chains.
Ancala Partners LLP (“Ancala”) is an independent infrastructure investment manager based in London. Ancala manages funds that invest in mid-market core infrastructure assets in the UK and Europe. Our key service providers are professional services firms who provide legal, regulatory, commercial and financial advice/services for the review and management of investments made by our funds or for Ancala’s day to day operations. We also have a limited number of suppliers for goods such as stationary and IT equipment.
Given the nature of our business, we consider our potential exposure to modern slavery to be low. Nevertheless, as an organisation we strive to conduct our business with the highest ethical and professional standards. We promote a zero-tolerance approach to modern slavery and human trafficking. We are committed to ensuring the protection of human rights in our business and operations. Although the risk of occurrence of human trafficking or slavery in our supply chain is limited, we expect our service providers and suppliers, or those that directly or indirectly supply them to share similar values.
When entering into arrangements with service providers or suppliers, we assess them as part of our risk-based due diligence from a qualitative and economic perspective. As part of that assessment, we are alert for any indicators of forced labour and will continue to alert our staff to these issues. Neither we nor, to the best of our knowledge, our key suppliers make use of forced labour.
We have prepared this statement for the purposes of the Modern Slavery Act 2015. References in the statement to “forced labour” mean any conduct, which is an offence under Part I of that Act, including slavery, servitude, any type of forced or compulsory labour and trafficking for the purposes of exploitation.
This statement was approved by the Management Team of Ancala on 29 September 2020 and is published on our website.