CATF - The organization - Central American Timber Fund

Parties involved in CATF

Below you will find an overview of all relevant parties involved in CATF:

Management company

BAUM Management S.à.r.l. – Grand Duchy of Luxembourg
BAUM Management S.à.r.l. is the management company and the sole manager of Central American Timber Fund FCP-SIF and was especially established for this purpose.
BAUM Management is regulated by the CSSF.

The members of the Board of BAUM Management:
• Mr. Bastiaan Dijkman (general management)

Forestry Management Operations:
• Mr. Erik Lammerts van Bueren (forestry)
• Mr. Willy Barantes (head of forestry Costa Rica)

Supervisory and Audit Committee

CATF has a specialized Supervisory and Audit Committee (“SAC”) overseeing the activities of CATF. The SAC has five members and has at least three unitholders and two professionals. The three ‘unitholder’-members will -except at the start of the Fund- finally be elected at a meeting of the unitholders, while the professionals will be appointed directly by the Management Company. See also art. 7 of the Management Regulations.

The first members of the SAC have been appointed by the Management Company, whereby the SAC is chaired by Mr. Gert Jochems (chairman and compliance professional).

Custodian

As of July 1, 2015. The new depositary of the Fund is:

Banque de Patrimoines Privés S.A.
30, Boulevard Royal
L-2449 Luxembourg
Grand Duchy of Luxembourg
Phone: 00 352 27 207 1
Website: banquedepatrimoinesprives.com/fr

Administrative- Registration and Transfer Agent

Moventum S.C.A. – Grand Duchy of Luxembourg
Moventum S.C.A. is one of the largest providers of investment and pension fund services throughout Central and Eastern Europe.
For contact information, visit the website.

Auditor

Ernst & Young Luxemburg – Grand Duchy of Luxembourg
Ernst & Young Luxembourg is part of the broader Ernst & Young Global, which is one of the leading firms in the field. With over 152,000 employees over the world and 900 in Luxembourg, the company belongs to the top players.
For contact information, visit the website.

Legal Advisor

Charles Russell Speechlys – Grand Duchy of Luxembourg
Speechly Bircham Pfeiffer is a Luxembourg law firm specialized in banking, investment funds and management, corporate and tax law. As part of the international Speechly Bircham Pfeiffer group, the Luxembourg office has access to a wide range of legal experts and benefits from a strong international reputation.
For contact information, visit the website.

Investment Advisor

Latin American Timber Corporation S.A. – Costa Rica
Latin American Timber Corporation (LATC) is a specialized plantation advisory firm which employs Latin Americans most experienced forestry experts. The Management Company has appointed LATC as investment advisor.
For more information, see BAUM Management.

Plantation companies Costa Rica

American Reforestation Company (ARC)* – Costa Rica
American Reforestation Company (ARC)* is a specialized forestry advisory and management firm recently certified by the Forest Stewardship Council. ARC advises on plantation management as well as executing all the activities related to the management and valuations of the plantations.

* ARC is a registered trade name for the Latin American Timber Corporation (LATC)

Expomaderas S.A. (Expo) – Costa Rica
Expomaderas S.A. (Expo) is a company created in 1995, for teak wood (tectona grandis) reforestation purposes. The plantations managed by Expo are in the northern part of Costa Rica.
For more information, visit the website.

Verification Agent

Costa Rica Institute of Technology (ITCR) – Costa Rica
The ITCR is one of the most prestigious higher education institutions in Central America.

The ITCR is a national autonomous institution of higher education dedicated to teaching, research and extension in technology and associated sciences aimed at the development of Costa Rica.
The ITCR was created by Law No. 4777 on June 10, 1971. Its main campus is in Cartago, 24 km east of the capital San Jose.
For contact information, visit the website.