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. 
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5.2 
Investment Oversight, Monitoring and Reporting  
5.2.1 General 
i. 
The Fund shall ensure adequate oversight and monitoring of all its equity investments 
in its investee gas infrastructure projects and companies. This shall be led by the 
Executive Director and supported by staff of MDGIF. 
ii. 
The Fund shall also establish adequate reporting requirements for its investee 
companies, to aid with the administrative management of the MDGIF’s portfolio 
investments. The MDGIF shall ensure compliance with all relevant laws, regulations, 
policies and disclosure requirements. 
5.2.2 Regular Monitoring:  
The MDGIF will regularly monitor the performance of its investments. This includes the 
monitoring of financial and operational performance as well as compliance with relevant 
laws and regulations.  
5.2.3 Reporting Requirements:  
The MDGIF will require regular reporting from its equity partners. This includes status reports 
and updates, audited financial reports, operational reports, and updates on any material 
changes or events. 
5.2.4 Risk Management:  
i. 
The MDGIF will employ a robust risk management framework to identify, assess, and 
mitigate risks associated with its investments.  
ii. 
This includes ongoing monitoring of risks and implementing appropriate risk mitigation 
strategies.  
5.2.5 External Audit: 
The MDGIF may engage external auditors to conduct periodic audits of its investments and 
ensure compliance with the MDGIF's policies and procedures. 
5.2.6 Annual Audited accounts and Reporting of MDGIF 
The MDGIF shall publish the annual report. This report includes:  
i. 
MDGIF operations,  
ii. 
Audited annual accounts.