Africa Sustainable Forestry Fund II


Last updated 22 November 2020, by Impactyield.

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Fund status

Financial description

Africa Sustainable Forestry Fund II (ASFF II) is a growth equity fund managed by Criterion Africa Partners that invests across the forestry value chain including brownfield forest plantations, downstream processing of high value building material and biomass energy. ASFF II held its first closing in April 2018 with commitments of USD 81.2 million toward a target fund size of USD 150 million from six limited partners. The fund utilizes strong environmental, social and corporate governance (ESG) practices across its portfolio and invests across Sub-Saharan Africa with a primary focus in southern and east Africa.

5 years

of track record


the year funded

150,000 USD


Asset manager

Key performance indicators

Fund overview

Asset manager: Criterion Africa Partners

Product track record: Fund has 5 years of track record

Target IRR: n.a.

Committed Capital: n.a.

Target return category:

Fund domicile:

Product status:

Style/Stage: ,

Inception year: 2018

Vintage year: 2018

Target region: , ,

Target close date: n.a.

Product term: n.a.

Assets under management: 150,000 USD (US Dollar)

Investment size: Min: 0; Max: 0; Avg: 0

Co-investment policy:

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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: n.a.




Phone number: n.a.

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Impact Performance


Impact thesis

The fund will invest in sustainable forestry projects, supporting socioeconomic development in rural areas on the one hand, and combating the impact of climate change by protecting soils and sequestering carbon on the other. Specifically, it will invest in timber production and development of local forestry enterprises.

Impact Management


Financial benchmark

Term Description:


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