Latin America Enterprise Fund Managers L.L.C. is one of the pioneers in managing private equity funds in Latin America with USD 783 million of cumulative committed resources since 1995. LAEFM Colombia Ltda. is a subsidiary of LAEFM and manages funds which invest in priority sectors of the Colombian economy, hydrocarbons and forestry.

CIFF


Colombian Investment in Forestry Fund (CIFF): The Committed Resources are USD 26 million to invest in commercial forestry plantation projects in association with specialized operators and landowners. The projects to be developed must: (i) have proven technological packages; (ii) be located in regions suitable for forestry production; and (iii) have close proximity to already established forestry nuclei, major roads and markets.

To date, the Fund´s results are in line with the initial proposal.

The Fund has invested in the following projects: eucalyptus, teak and melina.