Pharos Miro Timber Fund

The Pharos Miro Timber Fund, a Cayman Islands exempt limited partnership, aims to provide shareholders with consistent attractive returns through investing in a global portfolio of plantation timber and sustainable forestry businesses and assets in tropical climates.

• Acquisition of portfolio of timber businesses and assets in tropical regions
  • Faster biological growth in tropics generates faster growth in value
  • Strong local timber demand in emerging markets
• Targeted annualised return of 20%
• Experienced investment management team
  • Extensive experience of investment into sustainable timber businesses in emerging markets
  • The team have founded a number of successful forestry businesses
  • Led investment into timber assets which have more than doubled in value over last 3 years to more than US$500 million with historic average IRR of over 25%
• High quality off-market investment pipeline across the equatorial belt
  • Options secured for investment into timber plantation and concession businesses
  • Attractive deal structuring such as preferred equity investment carrying right to first 25% annual return on money invested