RE-Invest Partners launches £35m RE-Forest Fund, first UK forestry exempt unit trust

19 July 2010

RE-Invest Partners has collaborated with onshore investment scheme provider Consortium IM to launch its debut exempt unit trust, the RE-Forest Fund, targeting £35m.

The RE-Forest Fund will be the UK’s first registered exempt unit trust for international forestry investments enabling self invested personal pension and small self administered scheme holders, among others, to take advantage of a secondary Luxembourg capital duty investment fund known as SICAR.

With an investment strategy focused on buying land and plantations within Europe, South America and Asia Pacific, the regulated Luxembourg SICAR fund will be RE-Invest Partners sole investment giving retail investors a global investment platform normally reserved for institutional investors.

Focused solely on forest plantations, RE-Forest Fund will manage various tree species such as teak, conifer and eucalyptus, each responding to different commercial markets including construction to renewable energy.

RE-Invest said that the minimum subscription for most investors will be £50,000, bar £20,000 for tax-exempt investors, with an investment term of around ten years. The firm said it will accept investments from pension funds, private individuals, companies, trusts and charities, targeting a minimum of £2m.

Launched in response to the demand for hard assets, the ‘environmentally-responsible’ RE-Forest Fund aims to deliver low-risk, stable, returns of between ten and 12 per cent annually through natural timber growth and harvesting, along with the greater upside of supplying raw material for biomass, said the firm.

‘This is the first time, that we know of, where a retail investor can access an international forestry portfolio,’ said Marc Hempel, CEO of Re-Invest Partners.

Through buying single plots of land - which Hempel said is too risky for a non-professional -  investors have the opportunity to invest their money within a regulated and risk controlled portfolio, it said.

Copyright © 2010 NewNet

Tags: biomass, energy efficiency

This story was published on Monday, July 19th, 2010 at 5:59 pm and is filed under Europe, biomass/biofuel, funds. You can follow any responses to article entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply