SilviCapital

The firm concentrates on two emerging-market forestry corridors: Laos in Southeast Asia and Paraguay in South America. In Laos, the Burapha Agro-Forestry plantation and Hinheup Plywood Mill formed the operational core until the 2025 majority sale to New Forests. In Paraguay, the firm operates through its SilviPar subsidiary, holding additional timberland assets. This dual-continent strategy diversifies climate risk, political jurisdiction, and end-market exposure.

Revenue streams include timber harvesting from its plantation estates, production of wood fiber products through the Hinheup Plywood Mill, and the generation and sale of carbon credits from its forestry holdings. The vertical integration model means the firm captures value at both the raw material and processed-product stages, rather than simply selling standing timber to third-party mills.

The sale of a majority interest to New Forests in 2025 represents a natural monetization event for a mature operating asset. New Forests is a dedicated sustainable forestry investment manager with institutional backing, making it a logical acquirer of a plantation-and-mill complex in Laos. The transaction allows SilviCapital to realize returns while Mirova retains ongoing exposure as a minority holder. Financial terms were not publicly disclosed.

New Forests and Mirova are investment partners, not principals of SilviCapital. New Forests acquired majority control of Burapha Agro-Forestry from SilviCapital in 2025, becoming the primary owner and operator of the Laos plantation and plywood mill. Mirova held a minority stake in Burapha before the transaction and retained that position afterward. SilviCapital's founders maintain their separate investment activities through the remaining entity and other subsidiaries.