The Africasia Funds are a series of boutique funds managed by Emerging Asset Management and administered by Apex Fund Services.
Online PR News – 23-July-2011 – – The Funds will invest in agricultural, renewable energy plantations and forestry businesses, with a fundamental principal of owning the core assets through the funds with the management of all operations carried out by established operators in the region.
The investments will be made across the value chain around a core of farmland and forestry in the Asia, European, USA and Africa regions where we believe the best growth prospects in terms of base land values and commodity demand increases exist, along with diversification of risk, given the current food production and timber supply clearly being outstripped by demand in the regions and globally.
Revenues to the Sustainable Farming Funds will be made by way of fixed rentals and profit shares paid annually by the farm operators as well as capital uplift from exit at close of funds on base land values of all assets held.
Revenues to the Sustainable Forestry and Renewable Energy Funds will be paid from the sale of timber and biomass annually and at close from the sale of any underlying land assets and standing timber owned, with the Forestry Fund investing in standing, semi mature timber only, thus providing capital value from the outset.
The socially responsible aspect and sustainability of all the projects invested in and owned by the funds will be a fundamental principal as well as obtaining carbon credits from both the REDDS, VER and CDM emissions reduction schemes as well as FSC certification where applicable making The Africasia Funds both a socially responsible and green investment opportunity.
The Funds subject to regulatory approvals will be domiciled in Guernsey, Bermuda and Luxembourg.
The funds will have terms of between 6 and 10 years and offer a combination of annual income and capital uplift on exit on the base land and business values with projected annual income from 8% and further profit share on the farming or forestry operations taking targeted annual returns in excess of 16% with future capital uplift on land adding further potential returns.
Currently 4 separate funds are planned with a combined targeted capital raise of US$300 million over the next 24 months.
The first Africasia Sustainable Farming Fund will be investing in land across the Africasia region and in Sri Lanka to take advantage of the current post war economic boom in the country and the demand and shortfall for basic food crops in the region and globally. Along with the expected increase in the base land prices forecast over the next 10 years this makes Sri Lanka currently a unique opportunity. This fund will be closed ended and have a life of 6 years until exit by outright sale of all assets held.
The first Africasia Sustainable Forestry Fund will be investing in direct ownership of existing managed hardwood plantations in Asia, at various stages of growth to take advantage of the current shortfall in global timber production and its long term performance compared to other asset classes. This fund will be closed ended and have a lifespan of 8 years with revenues from around year 2 from timber sales with final exit at year 8 from the sale of underlying land assets, harvested and standing timber.
These will be followed by The Africasia Energy Plantations Fund which will be investing in freehold land in Central Europe, Asia and leasehold land in Africa to grow and develop forestry based Bio Mass crops on a short rotation coppicing system with advance take off (pre sales agreements) to national energy generating companies for the production of renewable energy. This fund will have a life of 7 years until exit.
All of the above funds will have a positive impact on the reduction of deforestation by providing sustainable supply alternatives and assisting in reducing the current and growing food crisis by maximizing and modernizing production using basic sustainable practices.
The operators on all plantation projects work closely with Governments and local communities to provide training and financial support for their development with sponsoring of schools and the construction of housing schemes amongst current initiatives.
FSA regulated intermediaries in the UK and accredited advisors globally can request a general factsheet and information memorandums.
The Funds are being promoted by Plantation Capital Plc. which is an authorised representative of Porte Verde Financial Services Ltd a subsidiary of Judicium Plc. Plantation Capital Plc. specialises in the forestry and farming sectors.
The funds are being administered by Apex and managed by Emerging Asset Management which is wholly owned by the directors of Apex.
About Apex Fund Services-
With over $16 Billion of assets under administration, Apex services its clients through 23 offices across the globe making Apex Fund Services the world’s largest independent global funds administration company.
Apex client base includes Hedge Funds, long only and private equity managers ranging in size from start-up businesses to global companies.
It has won industry awards for 3 out of the last 4 years as the Best Service Provider by Hedge Funds World.
Press Release Issued by: Plantation Capital Plc, 319 Harbour Yard, London SW10 0XD. Telephone:+44 (0) 207 060 3633