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.
Fund III manager is Valor Venture Management LLC, Delaware (“Valor”, “Manager”); GP is Valor Venture Partners III L.P., Cayman (“GP”). Fund III is successor to 2013 vintage Fund I and 2017 vintage Fund II, funds with similar investment strategy. VOF I manager is Valor Opportunity Management LLC, Delaware and its GP is Valor Opportunity Partners I L.P. VOF I is Designed to invest in Fund I, II & III breakout companies, whereby pro-rata rights and upside participation is maintained. Core investment team consists of Scott Sobel, Antoine Colaco and Michael Nicklas.
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/