The ACCESS Pool, which manages assets totalling £35bn (€40.6bn) on behalf of UK local government pension scheme (LGPS), is searching for investment managers to invest in timberland.
The organisation is looking for one or more “core” and “impact” global timberland investment managers.
The initial mandate size is expected to be approximately £300m, “with potential to grow thereafter”.
Interested parties are invited to register interest and request documents by emailing access.timberland.rfp@apexgroup-fs.com. The deadlines for submissions is 2pm on 2 February 2024.
In November, ACCESS Pool appointed CBRE Investment Management to manage domestic and global real estate mandates.
The new search follows news last year that UK pension fund Nest was on the hunt for timberland managers as part of its plan to invest in natural capital.
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