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

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...