Key Impact Points:
- Campbell Global’s Forest & Climate Solutions Fund II surpassed its $1B target, closing at $1.5B.
- With additional mandates, J.P. Morgan’s timberland strategy raised a total of $2.3B.
- Fund targets sustainable timberland across 212,000 acres with carbon, biodiversity, and climate benefits.
J.P. Morgan Surpasses Timberland Fundraising Goals
J.P. Morgan Asset Management announced it has closed Campbell Global’s Forest & Climate Solutions Fund II at $1.5 billion—exceeding its $1 billion target. The total strategy, including separate mandates, now stands at $2.3 billion.
The fund, launched in 2022, marks the first vehicle established following J.P. Morgan’s acquisition of Campbell Global in 2021. It focuses on sustainably managed timberland across OECD countries, combining traditional timber production with nature-based climate solutions.
“We’re very pleased to put our decades of experience in global timberland management to work for this quality group of investors… The removal of carbon, protection of water, and enhancement of biodiversity and habitats encompass some of the important work we do in the forests,” said John Gilleland, CEO of Campbell Global.
A Dual Approach to Income and Impact
The strategy leverages Campbell Global’s decades of experience to deliver both returns and environmental benefits, offering investors an alternative asset class that acts as an inflation hedge.
“This strategy is a unique investment option for our clients, offering diversification from traditional asset classes and income generation,” said Jed Laskowitz, Global Head of Private Markets and Customized Solutions at J.P. Morgan Asset Management.
Investors in the fund include U.S. institutional clients, European pensions, international banks, insurers, and asset managers.
Sustainable Management Across U.S. Forestlands
Fund II currently holds three timberland assets totaling 212,000 acres in the Pacific Northwest and U.S. South. All properties are managed under Sustainable Forestry Initiative (SFI) standards to ensure protection of wildlife, water resources, and forest biodiversity.
The assets will be used to meet growing demand for sustainable building products while delivering carbon sequestration benefits aligned with global climate targets.
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