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. 
11 
iv. 
Director, Fund Administration   
 
 
 
Member  
v. 
Director, Internal Audit  
 
 
 
 
Member  
vi. 
Director, Governance, Risk and Compliance 
 
Member  
vii. 
Secretary to the Governing Council  
 
 
Member  
b. Operationally, the role of the MIC shall be to: 
i. 
Review all investment proposals for the Fund.  
ii. 
Authorise screening and due diligence of investment proposals 
iii. 
Consider the report of the Transaction Advisor on the technical and commercial 
evaluation of the potential equity investment proposals for the Fund. 
iv. 
Review individual and portfolio investment performance for the Fund’s investments.  
v. 
Recommend policies and strategies for adoption by the Fund to review or amend 
the MIPS; and  
vi. 
Do such other things as may be assigned by the Governing Council. 
2.4 
Transaction Advisor 
a. In accordance with the Act, the MDGIF shall appoint a Transaction Advisor on a need 
basis, to carry out transaction advisory services, including:  
i. 
technical and commercial evaluation of investment proposals,  
ii. 
reviewing policy statement and guidelines issued by the MDGIF. 
iii. 
defining project screening criteria and profitability targets for projects,  
iv. 
preparing a report on findings and recommendations from the technical and 
commercial evaluation of investment proposals to the Governing Council via the 
Executive Director,  
v. 
any other duty as may be assigned by the Governing Council on behalf of the 
MDGIF. 
b. The selection of the Transaction Advisor shall be through a competitive and transparent 
criterion and is to be managed by the Executive Director based on the guideline 
approved by the Governing Council.