The alternative investments arm of Quantum Global has joined the Forest Stewardship Council International (FSC International).

It was disclosed in a press release distributed by the African Press Organisation that Quantum Global’s alternative investments team closed USD 250 million timber fund, which is the largest dedicated to timber investments in Sub‐Saharan Africa.

The timber fund strategy aims at capitalizing on this opportunity to increase Sub‐Saharan Africa’s plantation value through best practice management and natural forest preservation, which should contribute to a sustainable economic development in Sub‐Saharan Africa.

Mr. Jean‐Claude Bastos de Morais, founder of Quantum Global, said: “The FSC membership allows us to partner alongside an international group of leading organizations to maintain and improve the state of the world’s forests by preserving their biodiversity, productivity and ecological stability.

This ultimately supports the achievement of long‐term, quality returns in this asset class for our clients, while at the same time respecting the social, environmental and governance requirements inherent from this type of investment. We are very pleased with this perspective.”

The timber fund strategy aims at capitalizing on this opportunity to increase Sub‐Saharan Africa’s plantation value through best practice management and natural forest preservation, which should contribute to a sustainable economic development in Sub‐Saharan Africa.