Company History

New Forests Pty Limited was established by David Brand in Sydney, Australia, in July 2005. The company began as the asset manager for an Australian commingled fund that focused on forestry investments in Australia and New Zealand. Later clients included a private equity fund focused on tropical forest investments in Asia and Cambium Global Timberland, a globally diversified forestry investment fund listed on the Alternative Investment Market of the London Stock Exchange.

In 2007, the company opened an office in the US to support its growing eco product investment business line. In 2008, New Forests Asia opened to support acquisitions and asset management in Asia Pacific. Managed as wholly-owned subsidiaries of New Forests Pty Limited, this global network enables New Forests to draw on international staff and capabilities, as well as regional knowledge.

Highlights of New Forests' history to date include:

Company launches in July 2005 and expands the Sydney office to support a growing investment and advisory client base.
The company is awarded an Australian Financial Services Licence in July 2006.
Establishes US presence in May 2007 to capitalise on growing investment interest in environmental markets in North America.
Launches the Eco Products Fund in partnership with Equator LLC in January 2008.
In August 2008, opens subsidiary New Forests Asia to manage assets across the Asia Pacific region and capitalise on the growing interest in forestry and conservation investment.
In July 2010, New Forests receives an expanded Australian Financial Services Licence and becomes a signatory to the UN Principles for Responsible Investment. AFSL Press Release and PRI Press Release
In September 2010, New Forests closes the $500 million Australia New Zealand Forest Fund. Press Release
New Forests closes the $415 million acquisition, on behalf of its clients, of 270,000 hectares of Australian forest land from the receivers of Great Southern Plantations and crosses the milestone of $1 billion in assets under management. Press Release