J.P. Morgan Asset Management's Campbell Global Closes $1.5B Forest & Climate Fund
- Editor
- 7 days ago
- 1 min read
Whats Happening:
J.P. Morgan Asset Management's Campbell Global has closed its Forest & Climate Solutions Fund II at $1.5 billion, surpassing its initial $1 billion target. The fund, launched in 2022, is the first since J.P. Morgan acquired Campbell Global in 2021. Additional separate account mandates have brought the total capital raise to $2.3 billion.
Key Moves:
Campbell Global's Forest & Climate Solutions Fund II closes at $1.5 billion
Total capital raise reaches $2.3 billion with additional separate account mandates
Fund focuses on commercial forestland management across OECD regions
By The Numbers:
Fund II holds ~212,000 acres of timberland properties
Campbell Global manages 1.4M acres worldwide
J.P. Morgan Asset Management has $3.6 trillion in assets under management
Key Quotes:
"We're very pleased to put our decades of experience in global timberland management to work for this quality group of investors," - John Gilleland, CEO of Campbell Global
"This strategy is a unique investment option for our clients, offering diversification from traditional asset classes and income generation," - Jed Laskowitz, Global Head of Private Markets and Customized Solutions, J.P. Morgan Asset Management
Bottom Line:
Campbell Global's successful fundraising for its Forest & Climate Solutions Fund II demonstrates strong investor interest in sustainable forestry investments. The fund's focus on both timber production and carbon sequestration aligns with growing demand for environmentally responsible investment options in the private markets sector.
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