J.P. Morgan buys timberland firm

J.P. Morgan Asset Management is buying into the forestry sector with the purchase of forest management and timberland investment firm Campbell Global LLC.

The terms of the deal with Campbell Global’s parent, BrightSphere Investment Group, were not disclosed.

Based in Portland, Campbell Global has $5.3 billion in assets under management and manages over 1.7 million acres worldwide with over 150 employees. Officials added that all employees at the firm will be retained and that the firm will stay in Portland.

The investment offering will sit within J.P. Morgan . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.

Monthly subscriptions and discounted corporate plans for up to 100 members also available.

Related Articles

Back to top button

Start Your Days in the Know

 

Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!