Africa Sustainable Forestry Fund II
Last updated 22 November 2020, by Impactyield.
Emerging countries (256) / Africa (127) / Southern Africa (12)
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.
of track record
the year funded
Key performance indicators
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: Mauritius
Style/Stage: Early Stage, Growth Stage
Inception year: 2018
Vintage year: 2018
Target region: Africa, Emerging countries, Southern Africa
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
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: n.a.
E-mail: firstname.lastname@example.org email@example.com firstname.lastname@example.org
Phone number: n.a.
If you wish to have your details removed from this database please email email@example.com
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.