Original disclosure @ IFC website
Updated in EWS Nov 21, 2019
Disclosed by Bank Nov 20, 2019
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The proposed is an equity investment of up to $25M in Valor Venture Fund III (“Fund III”) and up to $10M in Valor Opportunity Fund I (“VOF I”). Both funds are Cayman domiciled, investing in early stage technology companies in Latin America (“LAC”), predominantly in Brazil.
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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/