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The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, announced today, on behalf of a client, the successful purchase of approximately 192,000 acres of timberland and a timber lease in southwest Louisiana.
The timberland, located in six counties between the cities of Lake Charles, Louisiana to the south and Alexandria, Louisiana to the north, is a primarily southern pine plantation property that has been in timber production for decades. The timberland is located in a vibrant sawtimber and pulpwood market area and it provides raw material to forest products customers in a variety of domestic market segments. Molpus currently maintains offices in Bossier City, DeRidder and Monroe, Louisiana to oversee the management of an additional 207,000 acres in this state.
This appears to be the CalPERS holdings managed by Campbell Global.