Australis Partners Fund LP (IFC-37396)

Regions
  • Latin America and Caribbean
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
FI
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Nov 16, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
AUSTRALIS PARTNERS LP
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 25, 2018

Disclosed by Bank Oct 15, 2015


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Project Description

The project finances Australis Partners Fund LP to make control or significant minority investments in 7-10 middle-market companies in Mexico, Colombia, Peru, and Chile in order to support businesses seeking to expand their operations and sales across the Pacific Alliance and neighboring countries.

Investment Description
  • International Finance Corporation (IFC)

The project entails an equity commitment of up to $40 million, not to exceed 20% of total commitments, in Australis Partners Fund LP, a private equity fund. Australis Partners Fund LP will be managed by Australis Partners LLC, a Chile- and New York-based fund manager established in 2014 by the former Latin America team of CVCI. The team is comprised of five senior investment professionals that have worked together for between 8-16 years.

Private Actors
  • Australis Partners -- Financial Intermediary
  • Australis Partners Advisers LLC -- Fund Manager

Australis Partners is a private equity firm specializing in middle market investments. 

Australis Partners (Advisors) LLC, a Chile- and New York-based fund manager established in 2014 by the former Latin America team of CVCI. The team is comprised of five senior investment professionals that have worked together for between 8-16 years.

Contact Information

Enrique Bascur
Managing Partner
Australis Partners (GP) LLC
745 Fifth Avenue, Suite 1406
New York, NY 10151
T: +1 (212) 752 6718

ACCOUNTABILITY MECHANISM OF IFC


The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/