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 (6 funds). 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 have proven technological packages, be located in regions suitable for forestry production, and have close proximity to already established forestry nuclei, major roads, and markets.

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

Out of the three investments, the Fund has had one successful exit with an internal rate of return of 17% (in pesos), whose project won the “Investment Impact” award for its high economic and social impact for the country, awarded by the Colombian Private Equity Association (ColCapital). The other two projects are in process of exit.