Africa Sustainable Forestry Fund II (ASFF II) is a growth equity fund managed by Criterion Africa Partners that invests across the forestry value chain including brownfield forest plantations, downstream processing of high value building material and biomass energy. ASFF II held its first closing in April 2018 with commitments of USD 81.2 million toward a target fund size of USD 150 million from six limited partners. The fund utilizes strong environmental, social and corporate governance (ESG) practices across its portfolio and invests across Sub-Saharan Africa with a primary focus in southern and east Africa.