INVL Asset Management creates 100 million. Eur Lands and Forests Fund

The fund has already made its first distribution, raising 32.45 million. EUR, target amount: 100 million. EUR. The maximum size of the fund will be limited and will not exceed 200 million. Eur, states the management company in the notice.

The fund calls for sustainable investments: they will invest in sustainably developed forests and lands.

The new fund is registered in Luxembourg and managed by Apex Group. TMFF II is aimed at institutional and private investors from EU countries.

“We consider this fund to be a continuation of the INVL Baltic Forest Fund I, which started in 2017, only more universal and with a much broader geography. We have not set any deadlines for the fund, its duration is unlimited “, – the report quotes Vytautas Plunksnis, director of the private equity division of INVL Asset Management.

The fund managers promise to initiate acquisitions in the Baltic countries, applying to forests dominated by conifers, agricultural land with a high level of productivity and consolidation potential.

“Further on, we plan to expand our existing portfolio in the eastern EU countries, where there is an attractive return on investment and a stable regulatory environment. The fund will operate in accordance with sustainable forestry standards, and we will implement the principles of agriculture. sustainable in agricultural land areas ”, quotes Martynas Samulionis, partner of INVL Sustainable Forest and Agricultural Land Fund II.

The Fund will operate in accordance with Luxembourg law and will invest in individual countries within the regulatory limits set by those countries, but without deviating from the Fund’s strategy. Currently, the fund is not registered for public distribution in Lithuania.

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