J.P Morgan Asset Management's Campbell Global Announces Close of $1.5 billion Forest & Climate Solutions Fund II
J.P. Morgan Asset Management announced the successful close of Campbell Global's Forest & Climate Solutions Fund II at $1.5 billion, surpassing its initial $1 billion target. Additional separate account mandates brought the total capital raise to $2.3 billion.
The fund, launched in 2022, represents the first initiative following J.P. Morgan's 2021 acquisition of Campbell Global. The global strategy currently manages 212,000 acres across the U.S. Pacific Northwest and South, focusing on commercial forestland management in OECD regions.
The investment approach combines traditional timber production with carbon sequestration, offering nature-based carbon removal, storage, and biodiversity benefits. The fund attracted diverse investors, including U.S. investors, international banks, European pensions, insurance entities, and asset managers. All properties are managed under sustainable forestry initiative standards.
J.P. Morgan Asset Management ha annunciato la chiusura con successo del Campbell Global's Forest & Climate Solutions Fund II a 1,5 miliardi di dollari, superando il target iniziale di 1 miliardo di dollari. Ulteriori mandati di conti separati hanno portato il totale raccolto a 2,3 miliardi di dollari.
Il fondo, lanciato nel 2022, rappresenta la prima iniziativa dopo l'acquisizione di Campbell Global da parte di J.P. Morgan nel 2021. La strategia globale gestisce attualmente 212.000 acri negli Stati Uniti, nel Pacifico nord-occidentale e nel sud, concentrandosi sulla gestione commerciale delle foreste nelle regioni OCSE.
L'approccio agli investimenti combina la produzione tradizionale di legname con la cattura del carbonio, offrendo rimozione del carbonio basata sulla natura, stoccaggio e benefici per la biodiversità. Il fondo ha attratto investitori diversificati, tra cui investitori statunitensi, banche internazionali, fondi pensione europei, enti assicurativi e gestori patrimoniali. Tutti i beni sono gestiti secondo gli standard delle iniziative di silvicoltura sostenibile.
J.P. Morgan Asset Management anunció el cierre exitoso del Campbell Global's Forest & Climate Solutions Fund II por 1.5 mil millones de dólares, superando su objetivo inicial de 1 mil millones de dólares. Mandatos adicionales de cuentas separadas elevaron el total recaudado a 2.3 mil millones de dólares.
El fondo, lanzado en 2022, representa la primera iniciativa tras la adquisición de Campbell Global por parte de J.P. Morgan en 2021. La estrategia global gestiona actualmente 212,000 acres en el noroeste del Pacífico de EE. UU. y en el sur, enfocándose en la gestión comercial de tierras forestales en regiones de la OCDE.
El enfoque de inversión combina la producción tradicional de madera con la captura de carbono, ofreciendo eliminación de carbono basada en la naturaleza, almacenamiento y beneficios para la biodiversidad. El fondo atrajo a inversores diversos, incluidos inversores de EE. UU., bancos internacionales, fondos de pensiones europeos, entidades de seguros y gestores de activos. Todas las propiedades se gestionan bajo los estándares de iniciativas de silvicultura sostenible.
J.P. Morgan Asset Management는 Campbell Global의 Forest & Climate Solutions Fund II의 성공적인 마감을 발표했습니다. 자금 조달 규모는 15억 달러로, 초기 목표인 10억 달러를 초과했습니다. 추가적인 별도 계좌 위임으로 총 자금 조달액은 23억 달러에 달합니다.
2022년에 출범한 이 펀드는 J.P. Morgan이 2021년에 Campbell Global을 인수한 이후 첫 번째 이니셔티브를 나타냅니다. 이 글로벌 전략은 현재 미국 태평양 북서부와 남부에서 21만 2천 에이커를 관리하며, OECD 지역의 상업적 산림 관리에 집중하고 있습니다.
투자 접근 방식은 전통적인 목재 생산과 탄소 포집을 결합하여 자연 기반의 탄소 제거, 저장 및 생물 다양성 혜택을 제공합니다. 이 펀드는 미국 투자자, 국제 은행, 유럽 연금, 보험 기관 및 자산 관리자 등 다양한 투자자를 유치했습니다. 모든 자산은 지속 가능한 산림 관리 기준에 따라 관리됩니다.
J.P. Morgan Asset Management a annoncé la clôture réussie du Campbell Global's Forest & Climate Solutions Fund II à 1,5 milliard de dollars, dépassant son objectif initial de 1 milliard de dollars. Des mandats de comptes séparés supplémentaires ont porté le total des fonds levés à 2,3 milliards de dollars.
Le fonds, lancé en 2022, représente la première initiative après l'acquisition de Campbell Global par J.P. Morgan en 2021. La stratégie mondiale gère actuellement 212 000 acres dans le nord-ouest et le sud des États-Unis, en se concentrant sur la gestion commerciale des terres forestières dans les régions de l'OCDE.
L'approche d'investissement combine la production traditionnelle de bois avec la séquestration du carbone, offrant des solutions de retrait de carbone basées sur la nature, le stockage et des avantages pour la biodiversité. Le fonds a attiré des investisseurs diversifiés, y compris des investisseurs américains, des banques internationales, des fonds de pension européens, des entités d'assurance et des gestionnaires d'actifs. Tous les biens sont gérés selon les normes des initiatives de sylviculture durable.
J.P. Morgan Asset Management hat den erfolgreichen Abschluss des Campbell Global's Forest & Climate Solutions Fund II mit 1,5 Milliarden US-Dollar bekannt gegeben und damit das ursprüngliche Ziel von 1 Milliarde US-Dollar übertroffen. Zusätzliche separate Kontomandate erhöhten das gesamte Kapital auf 2,3 Milliarden US-Dollar.
Der 2022 gestartete Fonds stellt die erste Initiative nach der Übernahme von Campbell Global durch J.P. Morgan im Jahr 2021 dar. Die globale Strategie verwaltet derzeit 212.000 Acres im US-Pazifischen Nordwesten und Süden und konzentriert sich auf das kommerzielle Management von Waldflächen in OECD-Regionen.
Der Investitionsansatz kombiniert traditionelle Holzproduktion mit Kohlenstoffbindung und bietet naturbasierte Kohlenstoffentfernung, -speicherung und Vorteile für die Biodiversität. Der Fonds zog eine Vielzahl von Investoren an, darunter US-Investoren, internationale Banken, europäische Pensionsfonds, Versicherungsunternehmen und Vermögensverwalter. Alle Immobilien werden nach den Standards nachhaltiger Forstwirtschaft verwaltet.
- Exceeded fundraising target by 50% ($1.5B vs $1B target)
- Additional separate accounts brought total capital raise to $2.3B
- Currently manages substantial portfolio of 212,000 acres
- Offers diversification and inflation hedging benefits
- Strong investor diversity across institutional segments
- None.
Insights
J.P. Morgan Asset Management's successful close of Campbell Global's Forest & Climate Solutions Fund II at
This fundraising success demonstrates JPM's effective integration of Campbell Global following its 2021 acquisition and shows the bank's ability to capitalize on increasing institutional interest in alternative investments with both financial and environmental benefits. The fund's structure offers multiple revenue streams through traditional timber production and emerging carbon sequestration markets.
For JPM's asset management division, this success in a non-correlated alternative asset class strengthens their product diversity and fee-generating capabilities. Timberland assets typically generate steady management fees between
The strategy's focus on commercial forestland across OECD regions with natural inflation-hedging properties positions it well in the current economic environment. With 212,000 acres already acquired and capital remaining to deploy, the fund provides JPM expanded capabilities in the growing ESG and climate solution investment space, where institutional demand continues to accelerate.
-timberland management strategy exceeds fundraising target and reaches
"We're very pleased to put our decades of experience in global timberland management to work for this quality group of investors interested in responsibly managed forests that generate income and value-appreciation and are a positive climate solution. Along with the financial attributes, the removal of carbon, protection of water, and enhancement of biodiversity and habitats encompass some of the important work we do in the forests on behalf of our investors," said John Gilleland, Chief Executive Officer of Campbell Global.
The global fund leverages Campbell Global's expertise managing commercial forestland across OECD regions. It uses a blended approach that will support traditional timber production and carbon sequestration and offers the benefits of nature-based carbon removal and storage, biodiversity and other related benefits. Commitments in the fund include qualified U.S. investors, international banks, European pensions, insurance entities and asset managers.
"This strategy is a unique investment option for our clients, offering diversification from traditional asset classes and income generation, and timberland management is a proven inflation hedge," said Jed Laskowitz, Global Head of Private Markets and Customized Solutions, J.P. Morgan Asset Management. "Given its decades of experience, Campbell Global is well positioned to take advantage of the opportunities in this sector."
The Forest & Climate Solutions Fund II currently holds three unique timberland properties totaling ~212,000 acres (~87,700 hectares) located in the
About Campbell Global
Acquired by J.P. Morgan Asset Management in 2021, Campbell Global, LLC is a worldwide investment manager focused on timberland. Based in
Campbell Global has
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of
About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in
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SOURCE J.P. Morgan Asset Management
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