This report shows public data only. Is this your organisation? If so, login here to view your full report.

Cordaid Investment Management B.V.

PRI reporting framework 2017

You are in Direct - Inclusive Finance » PIIF Principle 3: Fair treatment

PIIF Principle 3: Fair treatment

IFD 14. Investment in local currency

Possible action:

Provide financing in an appropriate currency and tenor.

14.1. In relation to your direct portfolio in debt, indicate if you provide investment in local currency.

14.2. Indicate what percentage of your direct portfolio in debt is invested in the investee’s local currency.

14.3. Additional information. [Optional]

In 2016 total direct investment in local currency debt was 62%.


IFD 15. Average maturity of debt investments

Possible action:

Provide financing in an appropriate currency and tenor. 

Actively support the building of a diversified funding base.

15.1. In relation to your direct portfolio in debt, indicate what percentage have a maturity (from the point of investment) of the specified duration:

15.2. Indicate if you have a set limit regarding the maximum fixed income investment exposure of the investees in which you invest. [Optional]

15.3. Additional information. [Optional]

For direct lending to investees the minimum amount is EUR 250K and the maximum is EUR 2 million or about USD 2.7 million.

Almost 60% of our direct portfolio in debt has a maturity between 25 - 60 months.

 


IFD 16. Average holding period of equity investments (Not Applicable)


IFD 17. Terms and conditions

Possible action:

Negotiate terms and conditions that are transparent, fair and reasonable, including fair break-up clauses.

17.1. Indicate if you adopt the following practices:

Indicate if these practices are formalised in written policies and procedures.

Describe your process.

          This is explained to investees when we meet or in writing. What is more, all investees receive a draft term sheet prior to the agreement.
        

Indicate if these practices are formalised in written policies and procedures.

Describe your process.

          Same as above. Covenant breaches are explained and are part of the draft term sheet.
        

Indicate if these practices are formalised in written policies and procedures.

Indicate if these practices are formalised in written policies and procedures.

Indicate if these practices are formalised in written policies and procedures.

Indicate if these practices are formalised in written policies and procedures.

17.2. Additional information. [Optional]


Top