COMPASS CAPITAL FUND LP

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Project Number: 
RG1059A-01
Expected Consideration Date by the Board: 
12/15/1999
Date Posted: 
11/22/1999
Company: 
Compass Group
Financing Requested: 
Sector: 
Financial Services
Location: 
Scope Objective: 

The project consists of a US$10 million participation in The Compass Capital Fund, L. P., a diversified regional fund with a target capitalization of US$150 million. The fund is a Cayman Island limited parnership, whose aim is to invest in equity and equity-related securities of family-owned, private—held companies located in the Latin America. Investments are expected to be made primarily in Argentina, Chile. Peru, Venezuela, and the countries of Central America.

Environmental Review: 

Environmental Cassirication and Issues: Each investee company must comply with the environmental laws, regulations, and standards of the respective eligible jurisdictions, as well as with applicable IIC environmental policies. Each company must also he in compliance with all the occupational health, labor, and safety laws and regulations of the eligiblejux-isdictions. The general partners will certify that all investee companies will meet all applicable law, reaulation and HC policies regarding environmental labor and occupational health and safety.