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STAFFORD CAPITAL PARTNERS ANNOUNCES NEW APPOINTMENTS
Stafford Capital Partners (“Stafford”) announces the appointment of Stefan den Doelder (Venture Partner, Sustainable Capital), Craig White (Investment Manager, Private Equity), Stacey Mansworth (Marketing Manager) and Iain Elgin (Investment Analyst, Timberland).
The second half of 2015 has seen a number of notable hires for Stafford including Stefan den Doelder as Venture Partner, Sustainable Capital. Stefan is responsible for business development and fund raising for Stafford Sustainable Capital and for sourcing and due diligence of sustainable investments. Prior to joining Stafford he was the founder of 3P Capital Advisors, an investment advisory boutique focused on the cleantech and resource efficiency sector. Stefan has extensive experience in developing and managing clean tech and responsible private equity fund of funds. Whilst working at RobecoSAM Private Equity he was involved in raising and investing over USD 1 billion in clean tech assets, with specific responsibility for global investments into clean tech funds.
In September Craig White & Stacey Mansworth joined the firm. Craig has joined as an Investment Manager in the Private Equity business, focusing on relationship management, sourcing, due diligence and negotiation for private credit and deep value investments. He was previously Private Equity Portfolio Manager for Employees Retirement System of Texas which has over $5 billion committed to private equity, secondary funds and co-investments. Stacey joined the London office as Marketing Manager. She has 10 years private equity experience and will provide global marketing support to the Stafford team.
Finally we are pleased to announce the appointment of Iain Elgin as Investment Analyst, Timberland. Iain joins our London Timberland team in a new role assisting with the management and communications across Stafford’s investor group. Iain has a science undergraduate degree and a business postgraduate degree from the Cass Business School in London. He has previously worked in Australia for global realtor CBRE, as an analyst and assistant valuer of rural lands, and for AAG Investment Management, an Australian agriculture funds manager, as a research analyst.
STAFFORD CAPITAL PARTNERS ANNOUNCES THE LAUNCH OF ITS GLOBAL AGRICULTURE INVESTMENT STRATEGY
Stafford Capital Partners (“Stafford”) announces the launch of its global agriculture investment strategy. This initiative builds on Stafford’s capabilities and expertise in timberland investing, where it is managing and advising USD 2.1bn of assets on behalf of professional investors.
To enter the agriculture sector Stafford has teamed up with EBG Capital AG, a Zurich-based environmental investment firm, which brings specialist agricultural expertise, a global partner network and links with highly-respected local operators in the sector. This deep sector expertise working alongside highly experienced investment professionals is a model reflected across Stafford’s business.
Angus Whiteley, Stafford’s Group CEO, commented: “We have been following the developments in the agriculture market for some years, and have decided that now is the right time to offer institutions the opportunity to invest in a low-risk, well-diversified portfolio of agriculture assets. Our experiences of sourcing secondary fund investments, and making co-investments alongside the top tier managers we support are key elements of delivering this solution. We are delighted to be working with Bernd and his team in launching Stafford Agriculture.”
We believe the agriculture sector offers an attractive combination of a low correlation with other asset classes and returns based on biological growth, providing income and growth to its investors. Stafford’s strategy will replicate what has worked well for Stafford Timberland team’s investments over many years, with a goal of offering a globally-diversified portfolio of investments across the different forms of agriculture.
STAFFORD ANNOUNCES INFRASTRUCTURE SECONDARIES ADVISORY MANDATE WITH IST3 INVESTMENT FOUNDATION (“IST3”), A COLLABORATION OF SWISS PENSION FUNDS
Stafford announces that it has been selected by IST3 to provide investment advice on CHF 120m of infrastructure secondaries investments. The first investment has already been made, with further opportunities in the pipeline at various stages of development.
Angus Whiteley, Stafford’s Group CEO said: “The Board of IST3 is made up of very experienced professionals who are active in the infrastructure market – we are very honoured that such a group has chosen Stafford to support their activities in the infrastructure secondaries market.”
This new advisory mandate comes at a time when Stafford has successfully completed the investment phase of its recent co-mingled fund, Stafford Infrastructure Secondaries Fund.
STAFFORD TIMBERLAND ANNOUNCES APPOINTMENT OF INVESTMENT ANALYST
Following the close of Stafford International Timberland Fund VII (‘SIT VII’), Stafford Capital Partners announces the hire of Dan Rocca as an Investment Analyst, based in Sydney. Dan has recent experience in forestry consulting, joining Stafford from Pöyry Management Consulting. He has a Forestry Science degree from the University of Canterbury, and speaks fluent Portuguese and Italian. Stafford is looking to fill two further roles within its timber business – one supporting investment activities in London, the other assisting with research analysis, based in Sydney.
STAFFORD ANNOUNCES FINAL CLOSE OF TIMBERLAND FUND (“SIT VII”)
Stafford today announced a final close on Stafford International Timberland VII Fund (“SIT VII”) of US$484m from investors in the UK, Europe and Australia. The final close exceeded the target fund size of US$400m.
SIT VII is a specialist timberland fund of funds acquiring secondary positions in existing timberland funds, and investing in primary timberland funds and co-investments.
Angus Whiteley, Stafford’s Group CEO said: “We are very pleased with the support we continue to receive from existing investors and grateful for the confidence new investors have given us. To assist in the investment of this latest fund we have increased our investment team with the addition of two investment managers and a further analyst to support the finance function, as well as plans to open an office in Latin America in the third quarter of this year.”
SIT VII has already made two secondary investments, one co-investment and a primary commitment, all with leading timberland investment managers, and with a further co-investment and primary commitment made recently will have committed close to 21% of committed capital.