Stafford Capital Partners raises largest ever timberland fund
August 10, 2021
Stafford Capital Partners (“Stafford”) announced today that it has raised USD 695m for its ninth timberland fund – Stafford International Timberland Fund IX (SIT IX).
The fundraise is the largest ever completed by the specialist real assets and private markets manager and brings total timberland assets under management to USD 2.9bn.
SIT IX invests in high-quality timberland assets globally. Investing primarily through the secondaries market, it aims to build a diversified portfolio mainly in existing softwood, hardwood and eucalyptus plantations.
The fund has already made eight investments, committing 33% of capital contributions in a yielding portfolio of 22 timberland assets and 7 fund vintages to date.
The fundraise saw Stafford welcome 5 new investors alongside 5 existing investors with the existing investors contributing 56% of total capital commitments.
Stephen Addicott, Co-Managing Partner of Timberland, commented:
“To have reached this milestone amongst a global pandemic is a testament to the resilience of the global timberland market and Stafford’s diverse investment approach including secondaries, co-investments and primary fund commitments.
The support we have received from both new and existing investors demonstrates clear investor demand for strategies that can combine strong risk-adjusted returns with the sustainability benefits that an investment in timberland provides.”
Email: InvestorRelations@staffordcp.com
About Stafford Capital Partners: Stafford Capital Partners is an independent private markets investment and advisory firm with more than USD %%AuM%%bn in assets under management and advice* for more than %%numClients%% institutional clients worldwide. Founded in 2000, we are a global team of 75+ professionals investing in infrastructure, timberland, agriculture & food and sustainable private equity through secondaries, primaries, and co-investments. As UN PRI signatory since 2010 we put sustainability at the centre of our investment process and implement a well-defined ESG program across all strategies. In the UK, Stafford Capital Partners Limited is authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 225586) and it is a company registered in England (Reg Number: 4752750).
* As of 30 September 2023