PROVIDENCE, RI--Providence Equity Partners L.L.C. ("Providence"), a specialist private equity investment firm focused on growth-oriented media, communications and education companies, today announced that it has become a signatory to the United Nations-supported Principles for Responsible Investment ("PRI").

The PRI is a leading global network of investors committed to incorporating responsible investment ("RI") considerations into investment and ownership practices. Providence joins the more than 5,000 signatories from around the world that have committed to the PRI's six principles, which are guidelines aimed at incorporating governance, transparency and risk oversight into investment practices.

"Responsible investing has long been central to our approach at Providence, and we are proud to formalize and expand these efforts by becoming a signatory of the PRI," said Mike Monagle, Managing Director and Co-Chair of the Responsible Investment Committee at Providence.

This reinforces our commitment to industry collaboration while strengthening the transparency and accountability practices that are valued by our stakeholders. We look forward to working with other signatories to further integrate these responsible investment principles into practice with the objective of protecting and growing investor capital while maximizing investors' financial returns."

Cambria Allen-Ratzlaff, Interim Chief Executive Officer of the PRI, commented, "We're pleased to welcome Providence as a PRI signatory. They join a global network of investors working to integrate responsible investment practices into their processes to make better informed decisions and earn risk-adjusted returns. We look forward to working with the Providence team."

Providence first adopted responsible investing guidelines in 2009 and since then has built a framework of responsible business practices throughout its investment strategies, stakeholder engagement and employee wellbeing. The firm seeks to create processes that incorporate financially relevant governance, safety, labor, health, environmental and social issues into its decision-making processes and ownership activities, with the ultimate goal of acting as responsible stewards of investor capital.

About Providence
Providence Equity Partners L.L.C. is a leading middle-market private equity firm with deep sector expertise in media, communications and education focused on North America and Europe. Providence looks to invest in businesses that are benefiting from the long-term growth trends around experiences, learning, and connectivity by partnering with exceptional management teams to build enduring, scaled companies. Founded in 1989 in Providence, Rhode Island, the firm has invested over $40 billion across more than 180 portfolio companies with a transatlantic investment team based primarily in London, New York and Boston. Through disciplined portfolio construction, prudent risk management and a collaborative culture, the firm seeks to deliver strong results across market cycles. To learn more, please visit www.provequity.com

About Principles for Responsible Investment  
The Principles for Responsible Investment (PRI) is the world's catalyst of responsible investment. Supported by the United Nations, it works to understand the investment implications of sustainability and governance-related factors, and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole. Launched in New York in 2006, the PRI has grown to more than 5000 signatories managing US$139.6 trillion. For more information visit www.unpri.org.

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