Campbell Global Acquires Over 250,000 Acres of Timberland

 Monday, February 6, 2023

J.P. Morgan Global Alternatives recently announced that institutional investors led the purchase of over 250,000 productive acres of high-quality, commercial timberland across three properties in the Southeastern United States, valued at over half a billion dollars. The investors were advised by Campbell Global, the company’s wholly-owned timber investment manager. Since its founding, Campbell Global has managed more than five million acres worldwide for pension funds, foundations, and other institutional investors.

The properties will be continuously managed for both carbon capture and timber production to meet growing demand for sustainable building products and other uses. The properties encompass:

• Over 18 million metric tons of stored CO2 equivalents (mtCO2e), including more than half a million mtCO2e net retained carbon in 2021 alone
• Approximately 120 million standing trees
• Over 700 miles of streams protected by 30,000 acres of riparian forests that sustain water resources, providing wildlife habitats and increased biodiversity within the landscape
• Over 250,000 acres of diverse wildlife habitat for recreational pursuits

“These acquisitions will give our clients access to sustainably managed forests that leverage our more than 40 years’ experience in timberland management,” said John Gilleland, Chief Executive Officer of Campbell Global.

“This transaction is one of the largest of its type in the past decade and builds on efforts to expand our asset class offering across alternatives by offering investors access to a robust carbon sequestration and timber management platform,” said Anton Pil, Global Head of J.P. Morgan Global Alternatives. “We are committed to harnessing the extensive forest management expertise of Campbell Global to offer our clients the unique ESG benefits associated with timberland assets.”

J.P. Morgan offers strategies across the alternative investment spectrum, including real estate, private equity, private credit, hedge funds, infrastructure, transportation, timber, and liquid alternatives. J.P. Morgan has more than 50 years of experience managing alternative investments, US$216 billion in assets under management, and more than 800 professionals (as of September 30, 2022). A global investment firm with a concentration on timberland, Campbell Global, LLC will be acquired by J.P. Morgan Asset Management in 2021.

Tags: Campbell Global, J.P. Morgan Global Alternatives, Timberland, wood, woodworking, woodworking and manufacturing, woodworking event, woodworking industry, woodworking USA