Apex Group Ltd. ("Apex" or "the Group"), a global financial services provider, has been appointed by New Forests to deliver fund services to Tropical Asia Forest Fund 2 ("TAFF2").
New Forests, a global investment manager of nature-based real assets and natural capital strategies, has been investing in Southeast Asia for over a decade and has an office in Singapore. In March 2022, New Forests announced the first close of TAFF2 with US$120 million of capital commitments. TAFF2 aims to capitalise on the long-term investment opportunities in sustainable plantation forestry in Southeast Asia. It is New Forests' second fund dedicated to sustainable forestry in Southeast Asia after closing the Tropical Asia Forest Fund (TAFF) in 2013.
Apex will provide fund...
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