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February 17, 2016

LXG launches first timber fund in Peru

Miranda & Amado has advised LXG Asset Management in the formation of LXG Amazon Reforestry Fund, the first Peruvian investment fund focusing exclusively in the timber industry. The Fund will focus in areas of the Amazon rainforest which have been degraded by livestock, agriculture and illegal mining. The Fund is the first investment fund launched by LXG Asset Management, an investment fund manager registered with the Peruvian capital markets agency.

The following lawyers from Miranda & Amado participated in the transaction: partner Juan Luis Avendaño Cisneros, Roberto MacLean, Claudia Lucena and Pablo Sotomayor, and associates Alvaro del Valle, Luis Miguel Sánchez, Mariano Peró, Eduardo Pedroza and Rafael Santín.