TIMBER: CalPERS Outgrows Forestland Investments

Posted on 05/14/2015

The California Public Employees’ Retirement System (CalPERS) is putting 300,000 acres of forestland in Louisiana up for sale. The planned sale represents one-fifth of CalPERS’ holdings in U.S. forests. The deal could raise several hundred million dollars. Portland-based Campbell Group LLC, one of CalPERS’ external managers focused on timberland, has hired UBS AG to run […]

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