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BTG Pactual expands its timberland investment platform with completion of the acquisition of Regions Timberland Group

BTG Pactual expands its timberland investment platform with completion of the acquisition of Regions Timberland Group | Timberland Investment | Scoop.it

BTG Pactual is pleased to announce the completion of its acquisition of Regions Timberland Group ("RTG"), a division of Regions Bank.


This acquisition, which expands BTG Pactual's current timberland investment platform, establishes the bank as the largest independent timberland manager in Latin America and one of the largest worldwide, with committed and invested assets of nearly US$3 billion and a portfolio of over 1.77 million acres (716,000 hectares) diversified across the USA, Latin America, Europe and South Africa.


"This acquisition is key to the development of BTGP Timberland's strategy, and we are very pleased to welcome RTG's many top tier North American and European clients to our platform", said Carlos Fonseca, partner and Head of Merchant Banking at BTG Pactual.


"We are very excited by this acquisition as we have known the team for many years. This acquisition immediately expands our footprint to several key geographies beyond Brazil," says Gerrity Lansing, Head of Timberland Merchant Banking.


"When looking for an ideal buyer of this business, BTG Pactual was at the top of our list, and this transaction memorializes our team's commitment to continued global timberland investing," says Charlie Daniel, former President and CIO of RTG, who will take the role of Head of Timberland Investment Management at BTG Pactual.

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This week's featured TIMO: Regions Timberland Group

This week's featured TIMO: Regions Timberland Group | Timberland Investment | Scoop.it

Regions Timberland Group operates as a business unit partner of Regions Financial Corporation. Based in Atlanta, Georgia, the group was created in 1981 and was a pioneer in timberland investing when it started one of the first commingled timberland funds for institutional investors.


Today, we manage separate accounts and commingled funds with more than $2.2 billion in timberland assets. Clients include corporate and public pension funds, endowments and foundations, and high net-worth individuals.


[Editor's note: our "Featured TIMO" series does not imply an endorsement of the subject organization. It is presented only to help educate readers about this corner of the Timberland Investment space.]

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Ohio Highway Patrol whittles timber manager hopefuls


Ohio State Highway Patrol Retirement System, Columbus, named RMK Timberland Group, Forest Investment Associates and Timberland Investment Resources as finalists in its search for a timber manager to run about $29 million, confirmed Mark Atkeson, interim executive director.

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Regions Timberland Group Sold, Maintains $12B Pension Client

Regions Timberland Group Sold, Maintains $12B Pension Client | Timberland Investment | Scoop.it

The investment team associated with RMK Timberland Group has shifted over to Brazilian investment bank BTG Pactual Group following a desire by its prior owner Regions Financial, to focus on “core banking activities,” sources say.


While attempts to gain confirmation from the Birmingham, Ala.-based Regions Bank, which has more than $120 billion in assets, were not successful, pension officials from the Arkansas Teachers Retirement System (ATRS) have noted the change in ownership.

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It is likely that all employees, which include the entire management team, portfolio managers and the client services team, will make the transition.

Sam Radcliffe's insight:

The headline can be misleading. ATRS has $12 billion in total assets, of which $350 million is in timberland.

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Regions Timberland Business Up for Sale, Sources Say

Regions Timberland Business Up for Sale, Sources Say | Timberland Investment | Scoop.it
One day after Regions Financial disclosed that it had completed its sale of Morgan Keegan & Company to Raymond James Financial, a timberland investment management business within its institutional management ...


[Editor: Regions Financial is the parent of RMK Timberland Group which manages more than $2.2 billion in timberland assets. See http://www.rmktimberland.com ]

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