Jump to Navigation

GEF Closes $160 Million Fund for Sustainable Forestry in Africa

External Reference/Copyright
Issue date: 
Jan 26, 2012
Publisher Name: 
Bloomberg
Publisher-Link: 
http://www.bloomberg.com/
More like this
SFM
Plantation Management

-----------------

Global Environment Fund, a U.S. private-equity firm with $1 billion under management, completed the closing of a $160 million fund for sustainable forestry in sub-Saharan Africa.

The GEF Africa Sustainable Forestry Fund, ahead of its $150 million target, will invest $15-$30 million in existing and new plantations or natural-forest concessions, Chevy Chase, Maryland-based GEF said today in a statement.

To contact the reporter on this story: Ehren Goossens in New York at egoossens1@bloomberg.net

---------------



Extpub | by Dr. Radut