Three large pension funds are among the 13 institutional investors in the Hancock Timber Resource Group's $128 million ForesTree IV timberland investment fund, which closed today. The funds are: The Fire and Police Pension Association of Colorado, Englewood; Consolidated Natural Gas Co., Pittsburgh; and the Army & Air Force Exchange Service, Dallas.
Hancock Timber Resource Group is a strategic alliance among John Hancock Financial Services and three regional forest management firms: Wagner Forest Management; The Campbell Group; and Resource Management Service.
