J.P. Morgan Asset Management today announced the close of Campbell Global’s Forest & Climate Solutions Fund II at $1.5 billion, exceeding its fundraising target. The fund launched in 2022 with a fundraising target of $1 billion and was the first fund launched following J.P. Morgan’s acquisition of Campbell Global in 2021. In addition to the fund, Campbell Global also closed several separate account mandates, bringing the total capital raise to $2.3 billion. “We’re very pleased to put our decades of experience in global timberland management to work for this quality group of investors interested in responsibly managed forests that generate income and value-appreciation and are a positive climate solution. Along with the financial attributes, the removal of carbon, protection of water, and enhancement of biodiversity and habitats encompass some of the important work we do in the forests on behalf of our investors,” said John Gilleland, Chief Executive Officer of Campbell Global.