Together with ACON Latin America Opportunities Fund V-A, L.P., the fund will make control equity, protected minority and structured equity investments in middle-market companies in certain countries in Latin America. The Fund is managed by an affiliate of ACON Investments L.L.C. The fund has a target total commitment of US$ 600 million and is ACON's fifth consecutive investment program dedicated to Latin America.
The objective of FMO's commitment is to foster private-sector-led growth and job creation across Latin America, by making risk capital and strong social, environmental and corporate governance practices available to an underserved market segment.
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ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism