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 focussed on forestry investments in Australia and New Zealand. Later clients included a private equity fund focussed 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 a second office in Washington, D.C. to support its growing eco product investment business line. In 2008, the San Francisco office was opened to expand the advisory business internationally, and the Kota Kinabalu (Malaysia) office was opened to support acquisitions and asset management in Asia. 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
Engaged by Cambium Global Timberland, a globally diversified forestry investment fund listed on the LSE AIM, in February 2007 Press release
Opens second office in Washington, D.C. in May 2007 to capitalise on growing investment interest in environmental markets in the U.S. Press Release
Launches the Eco Products Fund in partnership with Equator LLC in January 2008, managed from Washington, D.C.
The Partners of Generation Investment Management, a London-based private equity firm, become an equity shareholder in New Forests in April 2008. Press Release
In April 2008, opens second U.S. office in San Francisco to expand the advisory services business in the U.S. market and to service an increasingly international client base. Press Release
In August 2008, opens first office in Asia in Kota Kinabalu, Malaysia, on the island of Borneo, to manage assets across the Asia Pacific region and capitalise on the growing interest in forestry and conservation investment Press Release