PROJECT

Projects

Summary of Investment Information

Project Number

44948

Company Name

MONASHEES EXPANSION, LP

Date SPI Disclosed

Nov 20, 2020

Country

Latin America and the Caribbean Region

Region

Latin America and the Caribbean

Projected Board Date

Jan 5, 2021

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Sep 12, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jan 5, 2021
Signed : Feb 5, 2021
Invested : Feb 18, 2021

Sector

Venture Capital Fund

Project Description

 The proposed investment is an equity investment of up to US$15 million in Monashees Expansion Fund, (MEF or the Fund), a Delaware domiciled fund focused on investing in later stage technology companies in Latin America. The  Fund will be managed by Monashees Expansion Partners, L.P., Delaware (Monashees, Manager). The IFC is also requesting a US$15 million delegated authority co-investment envelope.

Associated Advisory Engagement

 There are no Advisory Engagements associated with Monashees Expansion Fund at this stage.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation