BTG Pactual Timberland Investment Group raises US$ 1.24 billion for core Latin America timberland strategy, exceeding target size
The BTG Pactual Timberland Investment Group (TIG) announced that it has finalized fundraising for BTF II, with equity commitments, including co-investments, totaling US$ 1.24 billion, exceeding its target size.
BTF II focuses on mature timberland assets in well-established markets in Chile, Uruguay and Brazil and has already deployed a significant amount of its committed capital into five investments, diversified across geography, climatic zones, species, and end-markets.
“We are pleased to announce the final close for our core Latin America commercial timberland strategy, which seeks to capitalize on the region’s unique, secular attributes including ideal growing conditions, one of the most technologically advanced and productive forest industries in the world, and strong domestic markets for many forest products,” said Gerrity Lansing, Managing Director, Partner and Head of International Private Markets at BTG Pactual.
ABOUT TIG
The BTG Pactual Timberland Investment Group (TIG) is one of the world’s largest timberland managers with US$ 6.9 billion assets and commitments and nearly 3 million acres under management throughout the U.S. and Latin America (as of Q1, 2024).
Via Business Wire