This statement is made pursuant to Section 54 of the Modern Slavery Act 2015 and has been approved by the Board of Brickwood Asset Management LLP (‘Brickwood’). Brickwood is an independent, dedicated value equities investment boutique founded in January 2024.
Brickwood does not tolerate any form of modern slavery. The Board has enacted controls to help ensure that modern slavery does not occur in our business or supply chains, which are described below. Brickwood’s directors and employees are subject to a code of ethics and receive annual training. As a newly established company, we recognize our responsibility to be alert to any risk of modern slavery, however small, and to take appropriate steps to mitigate such risks.
Brickwood has conducted an initial assessment of its risk profile and that of its largest suppliers. Brickwood’s services are provided exclusively from our offices in London. Based on our employment practices and an assessment of the supplier policies of our office building manager, we consider the risk of modern slavery in our business and direct operations to be very low. Our principal suppliers include custodians, fund administrators, trading counterparties, IT service providers and professional services firms. Our larger suppliers in the UK must publish anti-slavery policies and procedures. Given the nature of our supply chain, we consider the risk of modern slavery being present in our supply chain to be very low.
From this date, modern slavery will be included in the due diligence process for all new suppliers. In addition, an assessment of our existing suppliers’ policies with regards to modern slavery will be conducted annually. Any issues identified will be escalated to the Board for consideration.
The Board is responsible for reviewing this policy periodically and overseeing its implementation.