Gresham House has secured £200 million ($265 million) in total commitments after a second close for its Forest Growth & Sustainability fund.
Launched in June, the fund received commitments from institutional investors such as Worcestershire County Council Pension Scheme, as well as private investors.
The Gresham House Forest Growth & Sustainability fund generates returns through the sale of timber and the capital growth of land and trees, while also producing carbon credits by creating new productive woodland. Investors in the strategy receive distributions in the form of verified carbon credits that can be retained for “insetting” purposes — to address carbon emissions in their portfolio or sphere of influence — or sold to generate income.
“Our latest investment in the Gresham House Forest Growth and Sustainability fund will further support our robust approach to diversification across our portfolio and particularly in our private assets,”
