Stafford Capital Partners Limited (“Stafford”) announced an interim close of $532 million for SIT IX, its ninth timberland fund.
SIT IX builds on Stafford’s 17-years of timberland investing and is a continuation of the company’s strategy of acquiring secondary positions in existing timberland funds and accessing high quality timberland co-investments.
Stephen Addicott, Stafford Timberland Partner said: “We are very appreciative of the support from existing and new investors who recognize the resilience of the asset class and Stafford’s unique approach of gaining discounted access to timberland assets. The fund has made a good start to investing this capital with five investments totaling $168 million and a strong pipeline of deals before us for consideration.”
Stafford has $2.6 billion invested in over 190 timberland assets around the world with dedicated forestry professionals in the USA, Australia, Brazil and the UK.
Stafford Capital Partners is a leading private markets investment and advisory group with a global presence and $6.8 billion under management and advice from over 140 institutional investors across Asia-Pacific, Europe, and the US.
