Bluerock, an alternative asset manager, commemorated its 20th anniversary by partnering with The Nature Conservancy to fund the planting of 20,000 trees throughout the United States, in support of the Conservancy’s tree planting campaign.
The firm reports that the tree planting program is scheduled for completion within the year.
“Bluerock has generated extremely strong growth on behalf of our investors during these first 20 years. We are making this contribution to celebrate this growth and to honor the large community of shareholders throughout the U.S. that have accompanied us on this journey,” said Bluerock founder and chief executive officer, Ramin Kamfar. “With this project, we wish to tell the investment community that we remain committed not only to leading investment strategies, but also to our role as responsible corporate citizens as we embark on our next 20 years.”
The plantings will help mitigate the effects of forest fires and deforestation.
Bluerock is based in New York and has more than $14 billion in acquired and managed assets.
The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends.