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Background
A global private equity firm’s impact investing fund was considering an agribusiness investment in Latin America. The client wanted assurance the target firm did not engage in labor abuses, corruption, or other illicit practices.
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Action
Veracity examined the target company’s track record and learned that its partners may have improperly acquired land. We identified political and regulatory developments that could impede its ability to operate effectively.
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Results
Veracity’s insights enabled the client’s investment committee to incorporate a range of non-financial risk factors into their decision-making and
anticipate issues that could undermine their impact investment.