Forestry

The Silvipar Astarte Impact Forestry Fund (“SAIFF”) at $325.3 million had an initial target of $200 million and was significantly oversubscribed, drawing investors from over 25 countries across five continents. The fund is shaping to be among the largest and most diverse institutional capital pool ever assembled for investment in Paraguay. At its closing size, SAIFF is targeting a portfolio of more than 80,000 hectares with the intention of planting approximately 60 million trees and creating 3,000 direct and 30,000 indirect jobs. This portfolio is aimed to generate strong financial returns for investors combined with significant volume of carbon removal estimated in excess of 18 million tonnes of carbon sequestration. More than 25% of the land is permanently protected for conservation purposes, driving significant ecosystem benefits. The fund is focused on sustainable investments, supporting local communities, safeguarding biodiversity, and combating climate change.