RIDGELAND, Miss. (News release) -- Gresham House, the specialist alternative asset manager, has completed its acquisition of a majority interest in Mississippi-based Molpus Woodlands Group following receipt of all required regulatory approvals. The transaction creates one of the world's largest timberland investment managers, with approximately $8bn (£6bn+) in forestry assets under management (AUM).
The integration of Molpus Woodlands Group into Gresham House brings together two established forestry investment businesses with operations across the UK, Ireland, US, Australia and New Zealand, managing more than 2.2mn acres.
The enlarged platform strengthens Gresham House's ability to provide investors with access to a broader range of natural capital opportunities globally, including timberland, afforestation, reforestation, carbon credits and land optimisation strategies. The transaction also establishes Gresham House's presence in the US, enhancing its ability to serve institutional investors through a single integrated platform.
Now that the transaction has completed, Molpus Woodlands Group's leadership team - Terrell Winstead, Michael Cooper, George Dahduh, Tyler Rosamond, Chad McElvany and Ashley Harris - have joined the Gresham House Global Executive Management Team and Investment Committees for the enlarged forestry platform. The team will continue to lead operations in the US, maintaining day-to-day management, investment processes and client service while contributing their deep regional expertise to the combined business.
First announced in March 2026, the transaction brings together Gresham House's global forestry platform, with approximately $5bn (£3.7bn) of forestry AUM, and Molpus Woodlands Group's $3bn (£2.3bn) forestry business. Together, the firms form the third largest timberland investment manager globally by AUM1 and create a platform with the scale, capabilities and geographic reach to serve the growing institutional demand for natural capital investments.
With over 250 years experience between them, Gresham House and Molpus Woodlands Group share a long-standing focus on disciplined capital deployment, active forest management and sustainable value creation. Since 2020, the two businesses have collectively raised approximately $2.5bn (£1.9bn) in timberland mandates, including more than $1bn (£0.8bn) in 2025, reflecting increasing investor interest in natural capital as an asset class.
Tony Dalwood, CEO of Gresham House, commented:
"Bringing Molpus Woodlands Group into Gresham House is a significant moment for our business and marks the successful completion of a transformational transaction for our global forestry platform. Together, we have created one of the world's largest timberland investment managers, combining deep local expertise across key forestry markets with a shared commitment to active management, stewardship and long-term value creation.
"As demand for natural capital continues to grow, we believe the combined business is exceptionally well positioned to help clients access opportunities across global forestry markets through a platform that brings together scale, specialist expertise and on-the-ground capabilities. We are delighted to welcome the Molpus team to Gresham House and look forward to delivering the benefits of this partnership for our clients."
Terrell Winstead, President of Molpus Woodlands Group, added:
"Today marks the beginning of an exciting new chapter for our business. Since announcing the transaction, it has become even clearer how closely aligned our organisations are in terms of culture, investment philosophy and long-term ambition.
"We are excited to join Gresham House and look forward to building on our shared commitment to responsible forestry management, stewardship and long-term value creation for clients."
