Aureos Central America Fund (ACAF)

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Project Number: 
RG1084A-01
Expected Consideration Date by the Board: 
11/20/2002
Date Posted: 
10/21/2002
Company: 
AUREOS Capital Limited
Financing Requested: 
Sector: 
Financial Services
Location: 
America, Panama and Dominican Republic
Scope Objective: 
The proposed project consists of a US$3 million investment in ACAF, a diversified private equity fund that will focus primarily on later-stage SMEs located in Central America, Panama and Dominican Republic. The investee companies must satisfy the eligibility criteria established by the IIC.
Environmental Review: 
Environmental Classification and Issues: This project is in accordance with IIC environmental and labor review procedures. Each investee will be subject to an environmental, labor, and safety review. Each must also comply with national environmental and labor laws, regulations and standards in addition to IIC policies. In order to become familiar with IIC requirements and to be able to recognize potential environmental issues, the Sponsor will be required to attend an environmental training course given by the IIC.