The Fund may pursue investment opportunities directly by itself, or through a selected manager. Given its long-term investment horizon, the Fund may maintain the dual objective of realizing a commercial return and investing in infrastructure, which might otherwise not be financed and developed due to lack of budgetary funds.
All of the Fund’s investment decisions shall be taken having regard to the impact of such investments on the environment, compliance with local laws, adherence to the environmental, social, health and safety guidelines. The Fund shall include in its due diligence for each investment, analysis of the social and ecological impacts to the environment. In doing this, the Fund will examine the methods and processes used by the applicant to assess and mitigate any material negative impacts. Should the analysis show any unacceptable negative impact that cannot be addressed within a reasonable time, the applicant may be deemed inappropriate for investment by the Fund.
The Fund shall have an asset allocation policy which ensures that the Fund is not unduly exposed to any one particular infrastructure sector, project or asset manager, while taking into account its investment objective, risk tolerance and liquidity requirements.