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Sign in Sign up for a FREE subscriptionJPMorgan’s Campbell Global wins mandate for new evergreen timberland fund with Nest
Under the new agreement, Campbell Global will seek out opportunities for Nest in key global markets including the United States, Australia, New Zealand and Chile, providing the pension scheme with a global portfolio of direct investments, focused on core traditional timberland.
“We believe the importance of preserving natural capital will only increase in the coming years. Many aspects of our ecosystem such as forestry, water and agriculture are closely linked to climate change mitigation and adaptation. Achieving net-zero emissions by 2050 will require natural capital preservation,” said Stephen O’Neill, head of private markets at Nest.
John Gilleland, CEO and chairman of Campbell Global, added, “Timberland represents a unique investment that offers Nest’s members the opportunity t
