Library / Applicable to: MDGIF Project Promoters Equity Partners MDGIF INVESTMENT POLICY STATEMENT (MIPS) Code: MDGIF Guide 1001 - 2024

Applicable to: MDGIF Project Promoters Equity Partners MDGIF INVESTMENT POLICY STATEMENT (MIPS) Code: MDGIF Guide 1001 - 2024

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Applicable to:            MDGIF Project Promoters  
Equity Partners 
MDGIF INVESTMENT POLICY STATEMENT (MIPS) 
 
Code: MDGIF Guide 1001 - 2024 
 
Effective Date: 17th May 2024 
 
 
This document is a property of the Midstream and Downstream Gas Infrastructure Fund. All rights reserved. 
10 
the Fund; and report to the Governing Council for strategic direction, and approvals 
of decisions on behalf of the Fund.  
c. Operationally, in executing this mandate, the Executive Director shall: 
i. 
Oversee day-to-day operations of the Fund, the implementation of the objectives 
of the Fund and ensuring compliance with the MIPS and other regulatory statutory 
guidelines as approved by the Governing Council. 
ii. 
Lead the origination, screening and review of potential equity investment proposals 
to the Fund prior to presentation to Governing Council. 
iii. 
Manage the selection process for the Fund’s Transaction Advisor for the approval 
of the Governing Council. 
iv. 
Liaise with the Transaction Advisor in the technical and commercial evaluation of 
potential equity investment proposals for the Fund. 
v. 
Prepare investment memo for proposals and present to the Governing Council for 
approval.  
vi. 
Manage treasury and investment activities of unutilised funds in the Fund’s account 
in line with the MIPS and investment program approved by the Governing Council.  
vii. 
Manage disbursement of projects funds for approved equity investments in line with 
the terms of investment approved by the Governing Council. 
viii. 
Lead monitoring and oversight for the investment projects of the Fund through the 
development, construction and operating phases. 
ix. 
Represent the interests of the Fund on the Board, Project Steering Committee or 
other corporate governance structures of the Fund’s investee projects and 
companies. 
x. 
Do such other things as may be determined by the Governing Council. 
2.3 
Management Investment Committee (MIC) 
a. The Management Investment Committee (MIC) of the Fund shall be led by the 
Executive Director and shall comprise the following key management team members 
of the MDGIF (or their representative): 
i. 
Executive Director, MDGIF 
 
 
 
 
Chairman 
 
 
ii. 
Director, Strategy Research and Deal Origination  
Member  
iii. 
Director, Project Management 
 
 
 
Member