INVESTMENT MANAGEMENT PLATFORM
Complementing our direct ownership of timberlands, CatchMark partners with leading institutional investors to expand opportunities to acquire and gain control of high-quality assets with the potential to create superior returns.
Through these partnerships, CatchMark also generates asset management fees and has the opportunity to earn performance-based incentive fees, delivering further income and value to our shareholders.
TRIPLE T
CatchMark’s Triple T joint venture transaction in July 2018 was one of the largest in the industry in more than a decade.
TRANSACTION HIGHLIGHTS:
- $1.39 billion acquisition of 1.1 million acres of prime East Texas timberlands
- CatchMark tripled its acreage interests by investing $205 million in this transaction
- Partners: Consortium of institutional investors
DAWSONVILLE BLUFFS
The Dawsonville Bluffs transaction marked CatchMark’s first institutional accessed capital channel, partnering with a major public pension fund.
TRANSACTION HIGHLIGHTS:
- $20 million acquisition of 11,000 acres of prime timberlands in North Georgia
- 50/50 joint venture fund formed in April 2017
- Successfully completed the sale of its remaining high-quality timberlands, providing strong investment returns, asset management fees and incentive-based promotes
- Continues to operate a mitigation bank selling compensatory credits to counterparties to offset their development impacts
- Partner: Missouri Department of Transportation & Patrol Retirement System (MPERS)
