Climate technology provider Pachama has announced a strategic partnership with global alternative asset manager Patria Investments to catalyze the development of high-quality reforestation projects in Latin America. Pachama and Patria registered their first Brazilian equity fund, Patria Latam Reforest Fund I, as part of the partnership. The fund’s portfolio will encompass a diverse range of projects, including ecological restoration, silviculture, and agroforestry systems. These projects will generate revenue from various sources, such as carbon credits, sustainably reforested timber, and other ecological products.

Latham & Watkins LLP advised Pachama on the transaction with a team led by New York partner Peyton Worley.