Quebec pension fund to invest in forestland in the US Pacific Northwest

By Caisse de dépôt et placement du Québec
Cision Newswire
September 23, 2024
Category: Forestry
Region: Canada, United States

MONTRÉAL — CDPQ, a global investment group [and the second-largest pension fund in Canada], and Chinook Forest Partners, a natural capital investment manager, announced the launch of a new investment platform that will deploy significant capital to build a diversified and high-quality portfolio of forestland in the Pacific Northwest region of the United States. …Established in 2018, the Chinook team is made up of experienced forestland and natural capital investment professionals with comprehensive understanding of the natural capital and landscape investment space, as well as a vast network of landowners, forest products manufacturers, external partners, and natural capital investors across the United States. …Emmanuel Jaclot, Executive VP and Head of Infrastructure at CDPQ said “By investing in forestland, we are not only protecting valuable natural assets but also contributing to the transition towards a greener economy.”

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