Sunday, 29 March 2015
Last updated 2 days ago
May 11 2012 | 6:32am ET
Wisconsin-based Capital Innovations has been awarded a sub-advisory mandate running a timber fund for BluMont Capital of Toronto, Canada.
CI, which has been managing institutional timber separate accounts, will now offer its timber strategy with lower investment minimums via the Exemplar Global Timber Fund, said founder and CIO Michael Underhill in a press release.
Underhill said his firm has tapped John Duncanson, a professional forester with a background in the finance industry, as portfolio manager. Duncanson worked as VP of sales for the Noranda Group at Northwood Mills as well as serving as a financial analyst covering the paper and forest sector for McLeod Young Weir, Wood Gundy and McCarthy Securities. In 1988, he established Duncanson Investment Research, providing investment advice to Canadian money managers and institutional clients. He has also served as a technical consultant for the Chase Manhattan Bank.
“We believe timber assets share many of the same economic fundamentals as infrastructure and agriculture therefore are the natural extension of our business as we continue to focus on meeting evolving investor needs,” said Underhill.
Established in 2007, Capital Innovations focuses on real assets for institutional clients including the California Public Employees Retirement System and China Investment Corporation.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…