Silverlands Fund


Last updated 12 May 2020, by Impactyield.

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Silverlands is a private equity fund investing in the agricultural sector in Sub-Saharan Africa. The fund invests across the value chain around a core of farmland businesses. The team's business model is called the "hub-outgrower" model. The core commerical farm "hub" is used as a "model farm" and the team pro-actively engage surrounding small-scale farmers to improve their productivity and incomes. The fund will be invested across a spectrum of crops, geographies and climate zones.

Financial description

The fund’s investment thesis is based upon the following four points:
1)The potential emergence of long-term up-trends in agricultural commodity prices, based upon powerful supply and demand drivers.
2)The potential to benefit from lower relative valuations available in the African agricultural sector with the potential for value uplift through profit enhancements and listing or sale.
3)The investment approach is to emphasise investment in cash-generative businesses whose earnings are operationally geared to agricultural commodity prices. If inflation returns globally and becomes reflected in food prices then farmland investment might be viewed as a partial “inflation hedge”.
4)Substantial socio-economic impact through positive development of agricultural potential in Africa.

7 years

of track record


the year funded

300,000,000 USD


Asset manager

Silverlands Fund


Headquarters location:

SDG goals

SDG targets

Equal rights to ownership basic services technology and economic resources

Universal access to safe and nutritious food

Sustainable food production and resilient agricultural practices

Free primary and secondary education

Key performance indicators

Fund overview

Asset manager: Silverlands Fund

Product track record: Fund has 7 years of track record

Target IRR: n.a.

Committed Capital: n.a.

Target return category: Risk-adjusted market-rate of return

Fund domicile:

Product status:


Inception year: 2016

Vintage year: n.a.

Target region: , , ,

Target close date: n.a.

Product term: 10 Years

Assets under management: 300,000,000 USD (US Dollar)

Investment size: Min: 2,000,000; Max: 60,000,000; Avg: 25,000,000

Co-investment policy:

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 0

Fund investments to date exited or repaid: 0

Management fee: 2%

Carried interest: 20%

Hurdle rate: 7%%

GIIN Investors' Council Investment: No

Limited Partners / Investors: n.a.

Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors


E-mail: n.a.


Phone number: 0.00

If you wish to have your details removed from this database please email

Edwin Doeg

CSR Officer

Impact Performance


Impact thesis

SilverStreet’s business model incorporates a proactive role with small-scale farmers operating in surrounding areas. SilverStreet seeks to boost the crop yields of these farmers through three key steps:
- Step One: ensuring that they have high quality seed and fertiliser in a timely way.
- Step two: training and technical support. The techniques of conservation farming are taught and these help improve yields, often three to four-fold, and to improve environmental protection.
- Step three: purchase of surplus output and value uplift through processing or marketing.Subsistence farmers achieving significant uplifts in crop yields need a market for their crop and we aim to help provide a fair price for their off-take.
This approach has important benefits to the communities that we operate within. Farmers can treble their crop yields through this process thus significantly transforming their incomes and lives. Additionally this business model provides greater security of tenure for the commercial farming business and, the potential for complementary profit sources because of the increased scale of operation.

Impact Management


Financial benchmark

Term Description:


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