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Stafford International Timberland Fund IX is the largest fund yet raised by Stafford and brings its timberland AUM to $2.9bn.
SIT IX, which acquires secondaries positions in existing timberland funds and co-investments. has already deployed $168m across five investments.
The private markets firm is two-thirds of the way to the $500m target for Fund VIII which can acquire stakes in funds focusing on the strategy.
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