CalSTRS invests in timber

California Teachers’ Retirement System (CalSTRS) has invested US$250 million in Twin Creeks Timber, a joint venture Silver Creek Capital Management debuted in 2015 to give investors an option to invest in timber assets with a timberland operator.

Michelle Mussuto, spokeswoman of CalSTRS, said to Institutional Real Estate, Inc., “We believe this is a unique opportunity to invest alongside like-minded institutional investors in an existing portfolio of timber assets.”

 

Source: Institutional Real Estate, Inc.