Direct Investment Request - 2020 - 4B

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The decision

2021-04-26 · Board of Directors of the Toronto Atmospheric Fund · amended

As filed

The Board of Directors of the Toronto Atmospheric Fund: 1. Directed that the confidential information contained in Confidential Attachment 1 to the report (April 14, 2021) from the Vice President, Impact Investing, and the Confidential Presentation remain confidential in their entirety, as they contain commercial and financial information, supplied in confidence to The Atmospheric Fund, which, if disclosed, could reasonably

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be expected to significantly prejudice the competitive position, or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

On the agenda

As the city filed it

This report pertains to the potential for an additional investment, following on previous investment. If advanced it would comply with investment limits as set out in TAF's investment policy.

Staff recommended

The Vice President, Impact Investing recommends that the Board of Directors of the Toronto Atmospheric Fund: 1. Direct the confidential information contained in Confidential Attachment 1 remain confidential in its entirety, as it contains commercial and financial information, supplied in confidence to The Atmospheric Fund, which, if disclosed, could reasonably be expected to significantly prejudice the competitive position,

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or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

On the record

The item as the City filed it