Collins Stewart appointed as broker to Phaunos Timber Fund Ltd

04 June 2010

Collins Stewart is pleased to announce that it has been appointed as sole corporate broker to Phaunos Timber Fund Ltd (‘Phaunos’) with effect from 1st July.

Phaunos is a main market listed closed end fund with a market cap of £250 million. It is managed by FourWinds Capital Management and aims to provide attractive long term returns from a diversified portfolio of timberland and timber related investments on a global basis.

The Collins Stewart Investment Companies team is pleased to have been selected to work with Phaunos on their future development. This follows growing investor interest in this uniquely placed fund. This appointment follows the team’s recent successes in having raised over £300m for Impax Asian Environmental Markets, HSBC Infrastructure Company, MedicX Fund, and HarbourVest Senior Loans Europe.

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