Investors - FEBRUARY 23, 2021

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

Sign in Sign up for a FREE subscription

NPS makes first investment in timberland

by Andrea Zander

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.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.