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Joint Open Letter to Novalpina Capital, CC: NSO Group, Francisco Partners

Dear Mr. Peel, We write in reply to your March 1, 2019 letter, which responded to our open letter of February 18, 2019 raising concerns around the acquisition by Novalpina Capital of a stake in NSO Group. We welcome Novalpina Capital’s affirmation of the UN Guiding Principles on Business and Human Rights (UNGPs) and the UN-supported Principles for Responsible Investment. We are encouraged about your commitment to ensure NSO Group operates in accordance with the UNGPs, including through “robust transparency in line with those Principles,” and we urge you to respect and deliver on that commitment.…

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