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LAEFM Closes $220M Hydrocarbons Fund

15 September 2010

(LAEFM) September 15, 2010 – Latin America Enterprise Fund Managers (LAEFM) closed the third phase of its Colombian Hydrocarbon Fund at $220m, with 100% of the capital committed from Colombian investors, including the local pension funds. Together with the first and second phases, the Hydrocarbon Fund now has committed resources of $350m.

LAEFM also manages a Forestry Fund in Colombia with committed resources of $26.3m.