Gresham House
Specialist asset management
London, 10 December 2025 – Gresham House, the specialist alternative asset manager and one of the world’s largest commercial forestry managers, today announces the first close of its Sustainable International Forestry Strategy Platform (the “Strategy Platform”) at over €250mn million, anchored by commitments from both Worcestershire Pension Fund and NGS Super. NGS Super’s investment represents the first Australian superannuation fund investor in a Gresham House Strategy Platform, marking an important step in the further globalisation of the firm’s natural capital platform.
Forestry has historically exhibited distinct characteristics compared with mainstream asset classes, including alignment to long-term inflation dynamics. These features have contributed to its role within diversified portfolios across multiple economic cycles.
The Strategy Platform targets a diversified, mixed-age and multi-species portfolio of productive, sustainably managed timberland and afforestation assets across Australia, New Zealand, the UK, Ireland and continental Europe with additional co-investment opportunities.
The Strategy is classified as an Article 9 product under SFDR based on its stated sustainable investment objective.
In addition, the Strategy Platform reflects the Gresham House Forestry Charter, which embeds ESG principles across the investment cycle, and ensures that each asset is managed for long-term ecological and community impact and benefit.
Tony Dalwood, CEO, Gresham House, said:
“Reaching over €250 million in this first close with two cornerstone investors underscores both the strength of the forestry asset class and our track record managing it at scale. We’re delighted to deepen our UK LGPS relationships and welcome NGS Super as our first Australian superannuation fund investor. The Strategy Platform is designed to capture long-term opportunities associated with sustainable forestry and natural capital. We are proud to partner with forward-looking investors who recognise the role forestry plays in addressing climate change and biodiversity loss.”
Adrian Hardmann, Chair of the Pension Committee, Worcestershire Pension Fund, said:
“Forestry offers diversification, inflation linkage and tangible environmental benefits. Our commitment to the Gresham House Sustainable International Forestry Strategy Platform diversifies our existing exposure and reflects our conviction in sustainable real assets and our belief in the importance of investing in natural capital for the long term.”
Ben Squires, Chief Investment Officer, NGS Super, said:
“As a Strategy Platform with a long-term horizon, sustainable forestry aligns with our objectives to achieve stable, risk-adjusted returns while contributing to global climate and biodiversity goals.”
Investment and asset management will be guided by Gresham House’s Sustainable Investment Policy and Forestry Charter, which align with national and international standards of sustainable forest management and embed ESG considerations including climate change, biodiversity and community impacts. Gresham House also participates in a global partnership with other forestry companies to promote sustainable forest management internationally through the International Sustainable Forestry Coalition.
The firm’s forestry division, which manages over €4.1 billion in forestry assets globally, has a proven record built over more than four decades. Beyond financial performance, Gresham House’s approach supports carbon sequestration, biodiversity restoration, and rural economic development, making its strategies well-positioned to capture emerging opportunities in natural capital markets.
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About Gresham House
Gresham House is a specialist alternative asset management group whose aim is to generate returns through investment in long-term global themes that are shaping the world in which we live.
We partner with our clients to help them achieve their financial and sustainability objectives through investing in key mega-trends:
- Nature and climate change – offering our clients access to a platform of return-generating natural capital and climate-positive assets
- The energy transition – supporting our clients’ decarbonisation ambitions and the global transition to net-zero carbon emissions
- Social impact – investing in a range of assets that provide benefits to people, from broadening digital access to providing affordable housing options, as well as place-based solutions that generate local positive outcomes
- Productive growth capital – directing capital into small and growing businesses that aim to generate long-term growth as well as driving productivity gains
We deliver value for our clients through our investment performance, taking a partnership approach to addressing our clients’ needs, providing access to highly differentiated and alternative assets alongside quality service provision.
Gresham House manages assets of c.€10.1 billion (as at 30 June 2025) on behalf of institutions, family offices, charities and endowments, private individuals and their advisers. Our clients access our strategies through funds, direct investments and tailored solutions including co-investments.
About Gresham House Forestry
Gresham House is the UK’s largest and world’s seventh largest forestry investment manager, with over 40 years of experience in sustainable forest management.
Managing over €4.4 billion in forestry and natural capital assets, Gresham House provides institutional and private investors with access to one of the most compelling real asset classes, offering diversification, inflation protection, and exposure to long-term capital growth. The firm’s forestry strategy focuses on sustainable timber production, carbon sequestration, and natural capital opportunities, aligning with global net-zero and biodiversity objectives.
Through its expert team and rigorous stewardship approach, Gresham House is committed to enhancing both financial returns and environmental outcomes for investors, ensuring resilient, responsibly managed forests that contribute to the transition to a lower-carbon economy.
