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Exclusive: SLM closes debut deal from Irish timber fund and secures five more

The manager, which hit a first close on the €50m vehicle in March, will have deployed 10% of capital gathered once the transactions complete.

Is Phaunos a one-off secondaries deal or a sign of things to come?

Stafford’s successful takeover of a $259m timber fund suggests most investors value a guaranteed exit today more than higher promised gains tomorrow.

Stafford poised to deploy two-thirds of $612m fund after winning Phaunos battle

The secondaries firm expects to receive more acceptances of its hostile bid for the $259m timber vehicle after a majority of shareholders approved it last week.

Timber investment central to NZ Super Fund’s strong returns

New Zealand’s sovereign wealth fund has namechecked its 42% stake in Kaingaroa Timberlands as a strong performer in FY18.

Crunch time for Stafford as Phaunos board recommends rejecting its $259m final bid

The secondaries firm is aiming to convince more than half of the timber fund’s shareholders by Saturday – a task likely made easier by the withdrawal of a rival bid last week.

Exclusive: Stafford hires ex-headhunter as ag chief in asset class push

An alumnus from Macquarie’s Pastoral Fund has also joined the secondaries specialist just a year after the firm made its first investment in agriculture.

Time for timberland managers to log out?

As the asset class grows ever more defensive, large investors seek to safeguard returns by squeezing out costs. But GPs still have good cards to play.

ATP branches out to drive performance

The $122bn Danish pension’s ‘infrastructure’ portfolio has more than doubled returns year-on-year. Here we zoom in on the timberland holdings that have helped push this growth.

Campbell crafts timber tie-up in bid to enter carbon-offset market

The firm hopes its partnership with Bluesource will help generate additional income while raising forestry's profile among ESG-focused LPs, executives at the TIMO tell Agri Investor.

Frontier-market sustainable forestry fund reaches $60m close

The fund will target 12% annual returns as the profile of developing-world timber rises among impact investors, says Arbaro Advisors MD Marco Kaiser.

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