Out of the Woods

As International Paper Co. sells off millions of acres of trees to boost its profits, pension chief Robert Hunkeler is turning to hedge funds to help solidify his company’s underfunded retirement plan.

On March 20, International Paper Co. vice president of investments Robert Hunkeler celebrated his 47th birthday in a style befitting a man who believes in the rewards of teamwork. The four members of his investment team, who help Hunkeler manage International Paper’s $7 billion pension plan, assembled for a festive lunch in his corner office on the 14th floor of the company’s corporate headquarters in downtown Stamford, Connecticut.

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