By accessing this website you agree to be bound by the terms described. If you do not accept the terms please do not continue to access the website.

No representation, warranties or undertakings are made as to the accuracy of the content of the website and no guarantee is made that the material on this website will be free from infection, viruses, worms, Trojan horses and/or other code that has contaminating or destructive properties. It is your responsibility to take protective steps such as virus checking.

None of the statements on this website excludes or restricts any duty or liability that AgFe LLP has under the Financial Services and Markets Act 2000 or any conduct of business rules with which it is bound to comply.

This website is provided for informational purposes only and is not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any jurisdiction (including the United Kingdom) where such distribution, publication, availability or use would be contrary to applicable law or regulation or which would subject AgFe Group Limited or any of its subsidiaries (the "AgFe Group") or affiliates to any registration or licensing requirements with such jurisdiction.

The content of this website is the property of the AgFe Group and is protected by the laws of copyright with all rights reserved. Any downloading or otherwise copying from this website will not transfer title to any software or material to you. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the website without the prior written permission of the AgFe Group.

AgFe Group Limited, AgFe Management Limited and AgFe LLP are all incorporated in England and Wales with the registered address of Devonshire House, 1 Devonshire Street, London W1W 5DR. AgFe Group Limited’s registered number is 06449765. AgFe Management Limited's registered number is 06445839. AgFe LLP's registration number is OC356652. AgFe LLP is authorised and regulated by the Financial Conduct Authority with the FRN 563833. All companies in the AgFe Group are registered for VAT with the VAT registration number 918 5061 22.

UK Stewardship Code

Under Rule 2.2.3R of the FCA's Conduct of Business Sourcebook, AgFe LLP is required to include on this website a disclosure about the nature of its commitment to the UK Financial Reporting Council's Stewardship Code (the "Code") or, where it does not commit to the Code, its alternative investment strategy.

The Code has the following twelve principles: (i) Signatories' purpose, investment beliefs, strategy, and culture enable stewardship that creates long term value for clients and beneficiaries leading to sustainable benefits for the economy, the environment and society; (ii) Signatories' governance, resources and incentives support stewardship; (iii) Signatories manage conflicts of interest to put the best interests of clients and beneficiaries first; (iv) Signatories identify and respond to market-wide and systemic risks to promote a well-functioning financial system; (v) Signatories review their policies, assure their processes and assess the effectiveness of their activities; (vi) Signatories take account of client and beneficiary needs and communicate the activities and outcomes of their stewardship and investment to them; (vii) Signatories systematically integrate stewardship and investment, including material environmental, social and governance issues, and climate change, to fulfil their responsibilities; (viii) Signatories monitor and hold to account managers and/or service providers; (ix) Signatories engage with issuers to maintain or enhance the value of assets; (x) Signatories, where necessary, participate in collaborative engagement to influence issuers; (xi) Signatories, where necessary, escalate stewardship activities to influence issuers; (xii) Signatories actively exercise their rights and responsibilities.

AgFe LLP invests in strategies related to commercial real estate loans, and trade receivables. Whilst AgFe LLP supports the general objectives that underlie the Code, the provisions of the Code are not directly relevant to the type of activity currently undertaken by AgFe LLP.

Shareholder Rights Directive II

AgFe LLP does not manage investments in shares traded on a regulated market and so the requirements of the Shareholders Rights Directive II do not apply to it.

Regulatory Disclosure 

The MIFIDPRU 8 disclosure of AgFe LLP and the AgFe Group (the “Group”) is set out below.  The Group will update this regulatory disclosure annually as at the Group’s accounting reference date.  The Group is subject to FCA rules on remuneration and its Remuneration Policy covers an individual’s total remuneration, fixed and variable. The Group incentivises staff through a combination of the two.

AgFe LLP’s business is to provide advisory and asset management services to its clients.  Other members of the AgFe Group provide services to AgFe LLP to help it with those client services.  The Group’s Remuneration Policy is designed to ensure that it complies with FCA requirements and its compensation arrangements: (i) are consistent with and promote sound and effective risk management; (ii) do not encourage excessive risk taking or risk taking which is inconsistent with the risk profiles of its client engagements; (iii) include measures to avoid conflicts of interest; and (iv) are in line with the Group’s business strategy, objectives, values, and long-term interests. The Group’s Management Committee is responsible for the Group’s Remuneration Policy.

During the financial year ended 31 March 2024 the average number of Group staff for which this disclosure is required totalled 23 and the aggregate remuneration awarded to the Group’s staff was £5,834,500, of which £2,400,000 was fixed remuneration and £3,434,500 was variable remuneration.