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Campbell Global Becomes JP Morgan Natural Capital

Angie Davis leads the renamed Portland manager, which runs more than 1.5 million acres for pension funds, foundations, and family offices five years after the purchase.


Mon 07 September 26

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J.P. Morgan Asset Management has renamed Campbell Global, the Portland timberland manager it bought in 2021, as J.P. Morgan Natural Capital. That is according to the announcement the asset manager issued last Wednesday, which says the platform manages more than 1.5 million acres for pension funds, foundations, family offices, and other institutional investors.

“This is more than a new name. It reflects who we are today and the direction we believe the asset class is moving,” Angie Davis said. The chief executive of J.P. Morgan Natural Capital says the firm’s roots in sustainable forestry “remain central to who we are”, with the mandate now covering land, carbon, biodiversity, and other nature-related investments.

J.P. Morgan Asset Management counts the platform’s assets under supervision at US$11 billion as at 31 December 2025, with 150 staff across 15 US states, the United Kingdom, Australia, New Zealand, and Latin America. Campbell Global reported $5.3 billion in assets under management across 1.7 million acres when it announced the purchase in June 2021, on undisclosed terms.

“As institutional demand for nature-based and climate solutions accelerates, our platform provides access to unique opportunities for both financial returns and sustainability benefits,” Jed Laskowitz said. The global head of private markets at J.P. Morgan Asset Management says the new name “enables us to unlock new opportunities” across the natural capital asset class.

It comes after Campbell Global sold a 44,200-acre Douglas-fir and western hemlock estate in Washington State to Sydney-based New Forests in June, following its December 2024 purchase of 40,800 acres on the Olympic Peninsula. The platform closed its Forest & Climate Solutions Fund II at $1.5 billion in March 2025, and J.P. Morgan Asset Management calls it the industry’s largest forestry fund to date.

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