Published:
Views: 2005

Molpus Woodlands Group Announces Closing of Fund IV

Jackson-based Molpus Woodlands Group closed Fund IV with $662.5 million in commitments. According to the timberland investment management organization (TIMO), the fund was oversubscribed and exceeded its target of $500 million in 12 months from the first close. A diverse,

MolpusWoodlandsGroup_lg

Jackson-based Molpus Woodlands Group closed Fund IV with $662.5 million in commitments. According to the timberland investment management organization (TIMO), the fund was oversubscribed and exceeded its target of $500 million in 12 months from the first close.

A diverse, international group of new and existing investors made commitments to Fund IV, including public and private pension plans, endowments, insurance companies, family offices and high net-worth individuals. Molpus currently has approximately 1,550,000 acres under management worth more than $1.5 billion and is one of the oldest timber-related companies in the U.S. It has experience in all facets of timber management, manufacturing, and marketing.

“With the closing of the fund, we plan to deploy this capital by acquiring and actively managing a diversified portfolio of timberland properties. We look forward to evaluating new opportunities in North America that meet the fund’s objectives,” said Edgar Marshall, VP Business Development for Molpus.

Read more here.

Posted in Alabama, Arkansas, Feature, Florida, Georgia, Kentucky, Louisiana, Massachusetts, Mississippi, News Desk, North Carolina, South, South Carolina, Tennessee, Timber, Virginia, West Virginia

EMAIL SIGNUP

Please sign me up to receive breaking news and updates from the Land Report!

News By Region

The Land Report is proudly partnered with: Hall and Hall Bates Land Consortium Mossy Oak Properties United Country Real Estate Live Water Properties Fay Ranches Inc. Mirr Ranch Group californiaoutdoorproperties.com Whitetail Properties TerraStone Land Company Hayden Outdoors Real Estate Western Ranches LandLeader

Contact to Listing Owner

Captcha Code
Pacific West Great Plains Great Lakes Midwest Southwest South Northeast Pacific West Great Plains Great Lakes Midwest Southwest South Northeast