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Terra Bella Fund SICAV-SIF S.A. (Farmers for Forests)
Luxembourg
Last updated 12 May 2020, by Impactyield.
Fund geography
The Terra Bella Fund is a frontier private equity fund that invests in small holder agriculture linked to reducing deforestation in developing countries.
Fund investments produce environmentally, socially and economically sustainable landscapes, building significant sources of income for communities from production of non-timber forest products and high-value sustainably produced agricultural commodities linked to forest conservation.
Combining climate change mitigation and the production of sustainable local and forest-linked agricultural crops is at the core of investment strategy to generate sustainable long-term returns to Terra Bella investors.
Returns are generated from agricultural, non-timber forest products, sustainable timber as well as through sale of emission reductions to emerging markets and results based programs.
Asset class
Fund status
Fund style
Financial description
Investing in projects that combine climate change mitigation and the production of sustainable small holder local and export agricultural crops, non-timber forest products and sustainable timber is at the core of investment strategy alongside generating sustainable long-term returns in the Terra Bella Fund. The Fund leverages the technical experience and pipeline of the leading advisory firm Terra Global Capital.
Currently, the Terra Bella Fund has a pipeline of projects that is globally diversified across developing countries. A majority of these are projects with which Terra Global has had a working relationship for over a year, and thus the firm understands the true potential for returns generation for the Fund.
9 years
of track record
2015
the year funded
100,000,000 USD
AUM
Interested in this fund?
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Asset manager
Key performance indicators
Fund overview
Asset manager: Terra Global Investment Management
Product track record: Fund has 9 years of track record
Target IRR: 20%
Committed Capital: 40,000,000 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: Luxembourg
Product status: Open - committed capital
Style/Stage: Development, Early Stage, Opportunistic, Value-Added
Inception year: 2015
Vintage year: n.a.
Target region: Africa, Emerging countries
Target close date: 01/12/2015
Product term: 12 year term
Assets under management: 100,000,000 USD (US Dollar)
Investment size: Min: 200,000; Max: 10,000,000; Avg: 2,000,000
Co-investment policy: Only with LPs
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 0
Fund investments to date exited or repaid: 0
Management fee: 2.5%
Carried interest: 20%
Hurdle rate: 6%%
GIIN Investors' Council Investment: Yes
Limited Partners / Investors: Please contact us for further information (Due Diligence Questionnaire and Prospectus available). leslie.durschinger@terraglobalcapital.com
Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors
Contact
E-mail: leslie.durschinger@terraglobalcapital.com
Website: http://www.terraglobalcapital.com/terra-bella-fund
Phone number: 1-415-215-5941
If you wish to have your details removed from this database please email gdpr@impactyield.com
Leslie Durschinger
Chief Investment Officer
Impact Performance
n.a.
Impact thesis
Terra Bella Fund investments deliver social and environmental benefits at scale. This approach is at the core of TGIM’s mission alongside generating sustainable long-term returns to the Terra Bella Fund.
Environmental, Social and Financial Return Profile of Terra Bella
- Catalyze $1 billion in new investments (through Fund reinvestments and co-investments) to reduce deforestation and improve rural livelihoods through sustainable land-use management
- Sustainably manage 6,750,000 hectares of forest and agriculture landscapes and protect biodiversity
- Produce 425,000,000 tons of third party verified emission reductions (equates to 7 million cars off the road over life of fund)
- Improve livelihoods of over 1 million people and generate new smallholder income streams from sustainably produced local and high value export agricultural crops, non-timber forest products, and timber
- Deploy transparent, independent monitoring systems to secure tenure and improve governance where investments are made
Frontier investment fund with return objective of 20% net IRR p.a.
Impact Management
n.a.