
Governance
Institutional discipline from day one.
How decisions are prepared, taken and checked, and the standards the platform holds itself to.
01Structure
Who prepares, who decides, who advises.
Four bodies with separate roles, so that preparing an investment and deciding on it are not in the same hands.
02Oversight
Where public money meets private capital.
How the figures are reported, who may take part, and how anything is bought.
Audit & reporting
Who audits the figures?
Reporting follows recognised institutional standards, and progress and the use of funds are reported on independently.
What is reported
- Financial results
- Progress against milestones
- Use of funds
How
- Recognised institutional standards
- Independent reporting
- Use-of-funds control
Participation
Who may take part?
Every project is reviewed before capital is committed, as a condition of taking part rather than a check afterwards.
Checked before any commitment
- Ownership structures
- Legal and compliance
- Procurement
- Use-of-funds requirements
Outcome
- A documented risk and integrity assessment for the Investment Committee
Procurement
How is anything bought?
Public money carries public obligations: purchases follow controlled processes, and every choice of supplier is documented.
How
- Controlled processes
- Documented supplier selection
When it is checked
- In the review before investment
- Through monitoring during delivery

03Principles
The standards behind every decision.
Core principles that apply to the platform as a whole, not to one programme.
01
Clear governance
Roles, responsibilities and decision rights are defined and separated.
02
Transparency
Ownership, financial reporting and the use of funds can be examined.
03
Disciplined processes
Every project passes the same sequence of review before capital is committed.
04
Professional reporting
Reporting follows recognised institutional standards.
04FAQ
Questions about governance.
How decisions are taken and how the use of funds is followed.
The Investment Committee takes the investment decision, on the basis of the review prepared by fund management.
It provides strategic guidance to the platform. It does not take investment decisions.
Through controlled processes and a documented selection of suppliers.
Through milestone-based oversight, independent reporting and control of how funds are used.
