Asia Pacific > Asia > New Forests closes $120 mln fund for Southeast Asian sustainable forestry investment

New Forests closes $120 mln fund for Southeast Asian sustainable forestry investment

Published 04:21 on March 3, 2022 / Last updated at 04:39 on March 4, 2022 / / Asia Pacific (Asia, Pacific), International, Nature-based Carbon (Forestry), Voluntary (VCM Developments)

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Global forestry investment manager New Forests has announced the first close of a new $120 million fund, the Tropical Asia Forest Fund 2 (TAFF2), with a host of sovereign, development finance, private, and philanthropic investors with the aim to capitalise on long-term investments in sustainable plantation forestry in Southeast Asia, the company announced on Thursday.
Global forestry investment manager New Forests has announced the first close of a new $120 million fund, the Tropical Asia Forest Fund 2 (TAFF2), with a host of sovereign, development finance, private, and philanthropic investors with the aim to capitalise on long-term investments in sustainable plantation forestry in Southeast Asia, the company announced on Thursday.


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