MARKET DEVELOPMENT

• Increasing food availability: PFF3 is expected to support the production of 4M tonnes of food and food-related products. By investing in diversified businesses along the food value chain, the Fund supports production, distribution, and reduces food loss and waste, contributing to food security and resilience of food systems.
• Supporting smallholder farmers: Through investments in companies across the food value chain, the Fund targets over 50,000 smallholder farmers and microentrepreneurs, enabling them to develop their skills, and broaden access to markets and economic opportunities.
• Creating quality jobs: PFF3 aims to sustain 12,000 permanent jobs and contribute to local economies through salary payments and taxes. This builds on the success of predecessor fund, Phatisa Food Fund 2, (“PFF2”) which has supported close to 9,500 jobs and reached 15,500 farmers.

GENDER EQUALITY

• Advance gender equality in the workplace: Phatisa, a signatory to the Women’s Empowerment Principles (WEPs), promotes gender equality by integrating gender considerations across the investment lifecycle and implementing gender-responsive business practices. PFF3 aims to have 25% women representation in senior leadership or ownership and 30% in management roles across its portfolio while also requiring all companies to adopt and implement a gender equality policy.
• Increasing women’s employment: PFF3 is expected to reach 20,000 female smallholders and microentrepreneurs and support 5,400 permanent jobs for women. Through its predecessor funds, Phatisa successfully increased the share of women’s employment among its clients, a result they expect to replicate through PFF3.
• 2X qualification: Building on the success of PFF2, which achieved 2X certification, this transaction is 2X qualified based on women’s representation in Phatisa’s workforce and the provision of quality employment for women, in addition to the Fund’s commitment to channel 50% of its investments to 2X-aligned companies by exit

CLIMATE AND NATURE ACTION

• Protecting nature and biodiversity in Latin America: EcoE IV will invest in businesses that contribute to biodiversity and natural ecosystems through sectors such as regenerative agriculture, agroforestry, ag‑tech solutions, sustainable aquaculture, and ecotourism. This is particularly important in Latin America and the Caribbean which, despite being one the world’s most biologically rich regions with nearly 40% of the planet’s biodiversity, has experienced an alarming 95% decline in wildlife populations since 1970.¹
• Investing in low‑carbon sectors: The Fund, committed to promoting a low‑carbon economy, is expected to make investments in renewable energy, circular economy, and alternative proteins. EcoE IV seeks to have a carbon-neutral portfolio by 2030.