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Lithuanian Private Equity and Venture Capital Association

New EUR 100 Million INVL Asset Management Fund Targets Sustainable Investments in Land and Forests

11 November 2020

INVL Asset Management, one of the largest asset management companies in the Baltics, has established the INVL Sustainable Forest and Agricultural Land Fund II (SFALF II). An initial offering of the fund raised EUR 32.45 million from private investors. The target size is EUR 100 million. The fund will invest in sustainably managed forests and agricultural land in the Baltic Sea region and Central and Eastern Europe.

The new INVL fund is registered in Luxembourg and is administered by Apex Group, one of the biggest providers of fund services in Europe. The SFALF II is intended for institutional and private investors from EU countries.

“We see this fund as a continuation of the INVL Baltic Forests Fund I which started in 2017, but more universal and much broader in geography. The experience we gained and investors’ trust encouraged us to realize the idea of creating long-term portfolios of top-quality forests and agricultural land and managing them according to the strictest standards of sustainable forestry and agriculture. In acting on those goals we did not set any time frame for the fund – its length is unlimited,” said Vytautas Plunksnis, Head of Private Equity at INVL Asset Management.

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