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Investors in our fund, which include all the Chawton partners, own a portion of each business the fund invests in.  We define our role as portfolio manager as to act as long-term owners of these businesses.  Our approach to stewardship enshrines this mindset.  We adhere to the principles set out in the Financial Reporting Council's UK Stewardship Code and are working to become a signatory to this and to United Nations  Principles for Responsible Investment (UN PRI).