Fundraising - JANUARY 29, 2014

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

GreenWood raises $400m for timber fund

by Andrea Waitrovich

GreenWood Resources Capital Management has held a $400 million close for its Global Timber Resources fund, according to a filing with the SEC.

GWR, founded in 1998, is a global timberland investment and property management company specializing in the acquisition, development and management of high-yield, short-rotation, sustainable tree farms. GWR specializes in creating value through the integrated deployment of traditionally bred plant material and intensive silvicultural management strategies to achieve superior risk-adjusted returns in selected regions of the world.

In 2012 TIAA-CREF acquired a majority stake in GWR, which GWR joined TIAA-CREF as a subsidiary.

Forgot your username or password?