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

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


Hedge Funds Swarm Into Palm Beach

Oct 27 2016 | 2:32pm ET

As the first flakes of snow fall on New York's northern suburbs, Dan Weil of South...

Guest Contributor

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...