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Sign in Sign up for a FREE subscriptionNPS makes first investment in timberland
South Korea’s National Pension Service (NPS) has committed $150 million to London-based Stafford Capital Partners in its first investment in timberland.
“We initiated our investment in timberland after carefully studying it for a substantial period, as part of efforts to diversify our portfolio,” said Ahn Hyo-Joon, NPS CIO. “Timberland investment not only aligns with the NPS investment philosophy of pursuing stable returns over the long term but is also an attractive investment from a sustainable investing perspective.”
NPS is investing through Stafford International Timberland IX, the boutique investment firm’s ninth timberland fund, which had raised $532 million in its interim close in July 2020.
