Investors - NOVEMBER 18, 2015

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

Sign in Start Your Free Trial Now View Purchase Options

Maine PERS commits $150m to Twin Creeks Timber

by Zoë Wolff

The $12.4 billion Maine Public Employees’ Retirement System has committed up to $150 million to Twin Creeks Timber, according to Andrew Sawyer, CIO of the pension fund.

Twin Creeks Timber is a joint venture managed by Silver Creek Capital Management and Plum Creek Timber Co., which gives investors an opportunity to co-invest in timberlands currently managed by Plum Creek. Other recent investors include the Oregon Public Employees Retirement Fund, the Washington State Investment Board and the Alaska Permanent Fund Corp.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?