BNP Paribas Asset Management acquires majority stake in International Woodland Company
BNP Paribas Asset Management (‘BNPP AM’) announces the acquisition of a majority stake in leading Danish natural resources specialist International Woodland Company (‘IWC’).IWC is headquartered in Copenhagen and has more than 30 years’ experience in providing investment management and advisory services within sustainable timberland investments, agriculture investments and ecosystems services, including carbon credits and conservation projects. It oversees almost EUR 5 billion of institutional mandates dedicated to timberland investment programmes globally. The transaction is expected to