12 April 2017, Education (Other)
The complainant submitted a request to CDC Group seeking various details about its private equity investments. CDC provided the complainant with the information relating to its commitment to each private equity fund. However, it refused to provide him with the remaining information he sought, namely the contributions to each fund from inception to date, distributions received from each fund from inception to date, and the net asset value of each fund. CDC argued this information was exempt from disclosure on the basis of sections 43(2) (commercial interests) and 41(1) (information provided in confidence). The Commissioner has concluded that the information withheld by CDC is exempt from disclosure on the basis of section 43(2).
FOI 43: Not upheld