About This Fund
The Astarte SA Impact Forestry Fund (also known as the Silvipar Astarte Impact Forestry Fund, or SAIFF) is a $325.3 million impact-driven timber and sustainable forestry fund co-managed by Astarte Capital Partners, a London-based real assets investment firm, and SilviPar AB, a Stockholm-based forestry development and management company. Launched in 2021 and significantly oversubscribed at final close, the fund attracted investors from more than 25 countries across five continents, reflecting strong global institutional appetite for nature-positive, impact-integrated investment strategies.
SAIFF deploys capital into sustainable commercial forestry projects in Paraguay, targeting the plantation and management of native and commercial tree species to generate returns from timber harvesting while delivering measurable environmental and social outcomes. The fund targets a portfolio of over 80,000 hectares, the planting of approximately 60 million trees, and the creation of an estimated 3,000 direct and 30,000 indirect jobs in the region. The investment thesis integrates timber revenues with carbon credit generation, biodiversity conservation, and ecosystem restoration, positioning SAIFF at the intersection of real assets returns and nature-positive impact. Astarte Capital contributes investment management and institutional structuring expertise, while SilviPar provides on-the-ground forestry operations and development capabilities in Latin America.
The fund was seeded with USD 30 million commitments from each of Astarte Capital and SilviPar AB, providing strong alignment of interest with third-party limited partners and validating the joint venture model. SAIFF subsequently raised $325.3 million in total at final close — more than six times the initial seed capital — significantly exceeding its original fundraising target. The fund's success among globally diversified institutional investors highlights the growing demand for impact-integrated, nature-based alternative investment strategies and the scalability of the Astarte-SilviPar platform.