PROJECT

Projects

Summary of Investment Information

Project Number

42429

Company Name

COMPASS FONDO DE INVERSION ADELANTO DE EFECTIVO

Date SPI Disclosed

Oct 18, 2019

Country

Peru

Region

Latin America and the Caribbean

Projected Board Date

Nov 17, 2019

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jun 12, 2021

Department

Regional Industry - FIG LAC

Industry

Funds

Previous Events

Approved : Jan 24, 2020
Signed : Aug 10, 2020
Invested : Aug 24, 2020

Sector

Other Non-Private Equity Fund

Project Description

  The proposed project consists of an up to US$21 million (equivalent in PEN) investment in quotas of the fund Compass Fondo de Inversion Adelanto de Efectivo (the “Fund”), a fund managed by Compass Group SAFI S.A. (“Compass Peru”) that invests in receivables focused on financing to SMEs (“Suppliers”) through reverse factoring and factoring.                           

Associated Advisory Engagement

                           

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation