Nuveen restructures real assets platform

Nuveen has plans to strengthen its real assets platform by launching two new business units.

The newly structured Nuveen Real Assets platform will consist of capabilities in real estate, farmland, infrastructure, timberland, agribusiness and commodities. These will be organized under three core pillars, including two newly launched units: Nuveen Natural Capital and Nuveen Infrastructure. These two pillars will sit alongside Nuveen Real Estate and will be enhanced by targeted and complementary capabilities across Nuveen’s Private Impact and Commodities segments.

Nuveen Natural Capital combines Westchester Group Investment Management, Nuveen’s farmland investment business with more than $7.7 billion of farmland assets under management, with GreenWood Resources, which specializes in the acquisition and stewardship of forestry assets and currently manages $1.5 billion of timberland assets across more than 760,000 acres. Martin Davies, current CEO of Westchester Group,