Guernsey Administrator Wins Mandate For Sustainable Forestry Funds

Close Fund Services in Guernsey has been selected to administer a new range of sustainable forestry funds from alternative asset management group, MSS Capital.

The closed-ended funds will be administered by Close within a Guernsey regulated incorporated cell company structure, under the legal advice of Carey Olsen.

The funds will offer qualifying investors access to various forestry and agroforestry global investment opportunities all designed to target high returns over different life cycles.

Initially, the ICC will comprise of three standalone incorporated cells: The Sustainable Teak & Agarwood Fund, The Sustainable Red Fund and The Sustainable Agroforestry Fund. The names of these funds may change shortly to reflect the advisory partnerships in place.