PROJECT

Projects

Summary of Investment Information

Project Number

41555

Company Name

RED PERFORMANCE FUNDO DE INVESTIMENTO EM DIREITOS CREDITORIOS NP

Date SPI Disclosed

Aug 8, 2019

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Sep 9, 2019

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Mar 22, 2024

Department

Regional Industry - FIG LAC

Industry

Funds

Previous Events

Approved : Oct 1, 2019
Signed : Dec 20, 2019
Invested : Dec 26, 2019

Sector

Fund Management Company

Project Description

  The proposed project shall support the small and medium-enterprise (“SME”) lending activities of REDAsset Gestao de Recursos Ltda. (“REDAsset” or the “Company”) in Brazil. This will be done through the acquisition of senior quotas of RED Performance FIDC NP (“Red Performance” or the “Fund”), a debt fund managed by REDAsset (the “Project”)

Associated Advisory Engagement

                                        

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation