SOURCE: Global Forestry Capital

Global Forestry Capital

April 29, 2011 09:56 ET

Global Forestry Capital Announces Successful Closing of Initial Offering of Its Luxembourg Regulated Forestry Fund

LUXEMBOURG--(Marketwire - Apr 29, 2011) - Global Forestry Capital is pleased to announce the successful closing of the initial offering period for its open ended fully regulated Specialized Investment Fund in Luxembourg, the Global Forestry Growth Fund LFP PRIME SICAV - SIF S.A. The offering was made to sophisticated and qualified institutional investors.

The net proceeds of the offering will be used to finance the expansion and growth of the Fund, through investments into Forestry and Forestry Related assets. The fund is aiming to generate annualized returns of between 8% and 10% over a medium to long investment term.

The Fund has been open for subscription early 2011, offering private and institutional share classes in GBP, EUR and USD. "We are delighted at the successful launch of the Global Forestry Growth Fund in Luxembourg," said Jose C. Garcia, Director of Global Forestry Capital. "The fund is set to provide investors with an opportunity to benefit from long term capital growth from investing directly and indirectly in sustainable forestry plantations, land and private equity ventures within the forestry sector. Our open-ended Fund seeks to deliver above market returns in an asset class that has minimal correlation to traditional financial markets."

Global Forestry represents a development in the sophistication and accessibility of forestry investments. "As a fully regulated, transparent on-shore investment vehicle the fund provides the confidence and assurance investors are looking for when making an alternative asset investment," said Luc Leleux, Managing Director at Luxembourg Fund Partners S.A. "In the current economic environment, robust regulation is playing an imperative role in protecting investors' interests. Investors are now looking for funds that encompass the correct attributes; Tax Compliance, Regulation, Transparency and Appropriate & Independent Valuation."

About Global Forestry Capital Sarl
Global Forestry Capital SARL (GFC) is a Luxembourg based investment and advisory firm focused on sustainable forestry and forestry related assets. GFC specializes in ecological alternative asset strategy consulting and fund development. GFC is also a provider of alternative risk finance and product consulting for ethical, social and ecological investments. For more information on, Global Forestry Capital and its services please visit www.globalforestry.com or contact us at info@globalforestry.com.

About Luxembourg Fund Partners S.A.:
Luxembourg Fund Partners S.A. is a bespoke independent advisory firm offering comprehensive and tailored solutions integrated through financial products of the Grand Duchy of Luxembourg. LFP is a market leader in the Fund industry, experts in building, administrating and managing Regulated Investment Funds and Investment Structures on behalf of private and institutional clients. Please visit our website www.lfp.lu or contact us by email on lfp@lfp.lu.

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