Search Results for: new forests

New Forests, a global investment manager of nature-based real assets and natural capital strategies, has announced the purchase on behalf of institutional investors of an approximately 108,000-acre forestry estate in Northern California from The Michigan-California Timber Company (MCTC). The estate consists of productive mixed conifers, including fir and pine, in the Mount Shasta region, and[…]

New Forests, a global investment manager of nature-based real assets and natural capital strategies, has announced Mitsui & Co., Ltd (Mitsui) and Nomura Holdings, Inc (Nomura), have entered into an agreement to purchase a 100% shareholding of New Forests. The agreement, which is subject to regulatory approval and expected to be completed by December 2022,[…]

International forestry investment manager New Forests announced the extension of its flagship forestry fund, the Australia New Zealand Forest Fund (ANZFF). Originally launched in 2010 as a 10-year, closed-end fund, ANZFF was converted into an extended long-term vehicle by agreement of the institutional investors in the fund. The extension includes a series of 12-year renewals, commencing 1[…]

New Forests has announced the appointment of Forest Enterprises Growth Limited (Forest Enterprises) as property manager for its New Zealand forestry assets in the Wairarapa and Southland areas. Forest Enterprises, based in Masterton, commenced its role on 1 December 2019. Matt Wakelin, who recently joined New Forests’ Tauranga office as Manager – Operations and Investments[…]

New Forests has announced that it has agreed to acquire Hikurangi Forest Farms (HFF), based in Gisborne, New Zealand, on behalf of its investment clients. New Forests anticipates that the purchase, from current owner Samling Group, will be complete by mid-2019, subject to consent from the Overseas Investment Office, with the intention to launch a[…]

  Australian forestry company New Forests has a war chest of up to $500 million set aside for investing in New Zealand forestry. Managing director for Australia and New Zealand, Mark Rogers, said the money had been recently raised from mainly European investors. “We raised $873 million and we need to spend a big slab[…]

New Forests Pty, a specialist investment management and advisory services firm, has reached agreement on the sale of a minority equity position in the company to Generation Investment Management. Generation Investment Management is a London-headquartered fund management business dedicated to long term investment and integrated sustainability research. The link between the two companies will explore[…]

INVL Asset Management, one of the largest asset management companies in the Baltics, has established the INVL Sustainable Timberland and Farmland Fund II (STAFF II). An initial offering of the fund raised EUR 32.45 million from private investors. The target size is EUR 100 million. The fund will invest in sustainably managed forests and agricultural[…]

Aratu Forests Limited launches new brand Aratu Forests Limited, one of the largest forestry estates in the Gisborne District, launched its new brand in Gisborne yesterday. The company is a significant contributor to the regional economy, managing around 27,000 hectares of radiata pine plantation on 35,000 hectares of land, and the new brand is a[…]

Brendan Slui has been appointed Managing Director of Rayonier Matariki Forests following the resignation of Paul Nicholls who is stepping aside after 25 years service. Brendan has held a series of roles during his 18-year tenure with Rayonier Matariki Forests, joining as a Senior Forester and progressing to Resources Manager, Regional Manager and most recently,[…]