ALAOF V FMO, L.P. (FMO-56384)

Regions
  • Latin America and Caribbean
Where the impacts of the investment may be experienced.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
A
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.
Borrower
Regional
The holder of the loan, grant, or other investment.
Sectors
  • Communications
  • Education and Health
  • Energy
  • Finance
  • Industry and Trade
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 600.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ FMO website

Updated in EWS Nov 4, 2019

Disclosed by Bank Sep 16, 2019


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Project Description

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.

 

Investment Description
  • Netherlands Development Finance Company (FMO)
Private Actors
Contact Information

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