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Fund geography
Emerging countries (256) / Asia (67) / South-Eastern Asia (21) / Indonesia (2)
The Floresta Group of companies was established in 2010 by private investors to design, finance and develop two of the world's largest forest carbon projects – one in Indonesia and the other in Brazil. Our objective is to demonstrate that private sector investment can improve local livelihoods, conserve forest environmental services, and achieve private equity levels of return through an integrated approach linking commercial forestry, biomass energy, improved agriculture and carbon credits and offsets.
Floresta has been established as a limited company rather than as a fund. Thus, it is shares in the holding company or in one of its regional subsidiaries that are being profiled. This corporate structure was chosen to offer flexibility to investors who may have a preference to invest at a regional level and also to allow for further flexibility at exit. When the projects are developed (within three to five years), one or more of the company’s project vehicles or regional subsidiaries could then be able to realize value by listing on a recognized stock exchange or through sale of control to trade or financial concerns.
Asset class
Fund status
Fund style
Financial description
We seek to offer our equity investors private equity type returns. The base returns are generated from commercial scale biomass and timber plantations strategically located to reduce deforestation by providing sustainable jobs, renewable energy and an alternative source of wood supplies to local industry. Returns significantly above those of comparable investments are achievable because the investment program, by reducing or eliminating deforestation, generates carbon credits as well as revenue from the sale of wood. These projects represent the first industrial scale investment opportunities of their kind.
14 years
of track record
2010
the year funded
n.a.
AUM
Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Asset manager
Impact Category
Key performance indicators
Fund overview
Asset manager: Floresta Holdings Limited
Product track record: Fund has 14 years of track record
Target IRR: 30%
Committed Capital: 0 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: Cayman Islands
Product status: Open - committed capital
Style/Stage: Early Stage, Growth Stage
Inception year: 2010
Vintage year: n.a.
Target region: Asia, Emerging countries, Indonesia, South-Eastern Asia
Target close date: 01/04/2013
Product term: Indefinite, equity shares in holding company
Assets under management: n.a.
Investment size: Min: 50,000; Max: 10,000,000; Avg: 0
Co-investment policy:
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: n.a.
Carried interest: n.a.
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Family Office
Contact
E-mail: n.a.
Website: http://www.floresta.com
Phone number: 442034357113.00
If you wish to have your details removed from this database please email gdpr@impactyield.com
Avi Goldstein, JD
Senior Vice-President Corporate Finance
Daniel Maynard
Senior Advisor
Impact Performance
n.a.
Impact thesis
Approximately 10 million metric tonnes of carbon credits will be generated per annum as a result of the impact of the plantation investment on the local patterns of land-use and the supply of renewable energy. This represents a net reduction of greenhouse gas emissions on an unprecedented scale. Credits will arise from: reduced deforestation and forest degradation (REDD); peatland rewetting and conservation (PRC); carbon sequestration in reforested areas (A/R); and the substitution of renewable for fossil fuel electricity generation (F/S).
When fully implemented, the projects will create up to 50,000 jobs for rural people including thousands of women; improve rural standards of living; make significant contributions to the conservation of two large, intact tropical forest ecosystems, including their biodiversity and fresh water resources; and make a major contribution to the mitigation of climate change.
Impact Management
n.a.