New Forests converts $1.3 billion Australian Forestry Fund to long-term mandate
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New Forests converts $1.3 billion Australian Forestry Fund to long-term mandate
May 12, 2020

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[…]