U.K. Gov't. Fund Of Fund Issues Forestry RFP

Dec 10 2008 | 1:17pm ET

CDC Group, the U.K. government-owned fund of funds, is seeking proposals from private equity fund managers for a fund that will invest in sustainable forestry in sub-Saharan Africa.

CDC invests in private equity funds that have a focus on emerging markets, with a particular emphasis on Africa and South Asia. The group views forestry as a growing asset class, which has experienced under-investment in emerging markets, especially Africa. It also believes that forestry is under-represented in its own portfolio.

To that end, CDC is ponying up US$50 million to US$100 million to finance its forestry mandate.

Proposals for the mandate, which can be accessed from CDC’s Web site, are due on Jan. 15.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...