Dublin/Zurich, November 26, 2009: Three-time Irish Prime Minister Bertie Ahern to become Chairman of the International Forestry Fund
The International Forestry Fund – a joint venture of the Irish Forestry Fund and Helvetia Wealth AG of Switzerland – today announced that the former Irish Prime Minister Bertie Ahern will become Chairman of the fund as of January 1, 2010. The fund, created in March 2009, is offering the opportunity of direct forestry investment to institutional investors; it invests in forestry in Ireland, the UK, and Central America, growing a mixture of species ranging from spruce and pine in Europe to tropical timbers such as teak, mahogany, and rosewood. The fund buys existing forests, or land which is then afforested. A forest certification process ensures that the forests are managed sustainably. – Shepard Fox Communications wrote the press release, aligned it with the three different parties involved in the announcement, built media distribution lists for reaching out to the relevant financial media in Ireland, the UK, Switzerland and Germany, and distributed the release accordingly.