CRITERION AFRICA PARTNERS
CRITERION AFRICA PARTNERS is a Series C+ and buyout fund in africa writing $5M–$30M checks into Climate, forestry and agriculture.
- Stages
- Series C+, buyout
- Sectors
- Climate, forestry, agriculture
- Check size
- $5M–$30M
- Invests in
- africa
- Actively investing
- Yes
- Founded
- 2017
- Website
- criterionafrica.com
Thesis
Criterion Africa Partners (CAP) is a private equity firm founded in 2017, specializing in the acquisition and development of sustainable forestry assets across Sub-Saharan Africa. Headquartered in Bethesda, Maryland, CAP emerged from Global Environment Fund's Africa Sustainable Forestry investment program. Their strategy involves partnering with management teams of growing companies to enhance productivity and create value, focusing on plantation rehabilitation, downstream manufacturing, and wood-based energy generation. They target businesses with revenues over $5 million and significant growth potential. CAP operates with a long-term economic growth perspective, addressing market inefficiencies in the region and adhering to robust ESG standards. The firm manages two funds: Africa Sustainable Forestry Fund I ($160 million disbursed) and Africa Sustainable Forestry Fund II (ASFF II), which targeted $200 million and had a first close at $82 million in April 2018. ASFF II invests across the forestry value chain, including plantations, downstream processing, and biomass energy. Typical investments range from $5 million to $30 million. CAP has a team of 10 investment professionals and operates as an employee-owned firm, catalyzed by the Grantham Foundation.
Common questions
Does CRITERION AFRICA PARTNERS invest at the Series C+ stage?
Yes. CRITERION AFRICA PARTNERS lists Series C+ and buyout among the stages it invests in.
What check size does CRITERION AFRICA PARTNERS write?
CRITERION AFRICA PARTNERS writes $5M–$30M checks.
Where does CRITERION AFRICA PARTNERS invest?
CRITERION AFRICA PARTNERS invests in africa.