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 and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
