Armi Alandy provides administrative and accounting services in support of New Forests’ US business. Armi is responsible for processing and recording transactions for the company’s US subsidiaries and funds, including providing reconciliation and management reports. In addition, Armi’s office administration contributes to delivery of funds management services for US investments and accounts. Armi has extensive accounting and business experience, having worked in a variety of industries in senior accounting and finance management positions. Armi attended University of Houston, Texas and holds a bachelor’s degree in Business Administration with a major in Accounting.
Michael Barbara has a lead role in originating deal opportunities and managing the investment of capital for New Forests’ funds in the Australia-New Zealand region. In this role Michael is responsible for evaluating opportunities, managing the due diligence process, transaction structuring, raising co-investment, reporting to the Investment Committee and deal negotiation, execution and implementation. He has led or contributed to the investment of New Forests’ timberland funds in Australia and New Zealand, totalling more than AUD 2 billion. Michael also holds formal roles contributing to the strategic management and governance of investments in Australia and the United States.
Since joining New Forests at its inception in 2005, Michael has worked for the company’s US and Australian businesses in roles spanning investment analysis, asset management, and development of commercialisation strategies for environmental markets assets, such as carbon and biodiversity. Michael has an MBA from the Macquarie Graduate School of Management and a Bachelor in Environmental Management from Macquarie University. Michael is a member of the Australian Institute of Company Directors.
Robin Bellows supports New Forests’ forestry and carbon investments in the United States, primarily through forest analytics in project origination, development, and implementation. Robin’s skill set includes growth and yield modeling, linear programming and optimization, and biostatistics; her experience includes inventory and operations at a research forest, wilderness interpretation in Yosemite National Park, and research on forest climate resilience. Robin has a bachelor’s degree in Economics from Harvard University and a Master of Forestry from the University of California, Berkeley.
Allison Blair supports the Australia-based forestry operations team through management of compliance and legal obligations across New Forests’ investments in Australia and New Zealand. She also manages the administrative and titling aspects of land properties managed by New Forests and is supporting the development and maintenance of operational compliance systems. Allison has over ten years’ experience in property law and has worked with a number of legal firms in Sydney, acting on a wide variety of property transactions. She has extensive experience in handling leasing and conveyance matters across all of the states in Australia and coordinated many property legal due diligences for national institutional clients. Allison has bachelor degrees in Law (Honours Class II) and Economics from the University of Sydney. Allison is admitted to practice as a solicitor and barrister in New South Wales.
James Bullen leads the operational management of New Forests’ assets in Southeast Asia. In this role, James works closely with portfolio companies and brings an emphasis on operational efficiency and technical rigour to his oversight of New Forests’ investments in the region. James has 17 years’ forest management and investment experience, including all aspects of the technical management of large, FSC-accredited forestry projects, including establishment, silviculture, harvesting, forest engineering, and marketing. James joined New Forests in 2008 and previously managed operations for the company’s investments in Australia and the Pacific islands. His diverse experience includes forestry operations and management roles in Malaysia, Australia, New Zealand, the Solomon Islands, the United Kingdom, and the US. James has a Bachelor of Science in Forest Management from the University of Aberdeen in Scotland.
Matthew Crapp is responsible for the operational management of assets in Australia and New Zealand, with primary responsibility for the operational activities of New Forests’ softwood estate. He has more than 20 years of forest management experience, having worked in a range of senior roles in state-owned forestry corporations in New South Wales and Victoria. Matthew has a Bachelor of Science – Forestry from the Australian National University and an Executive MBA from the Royal Melbourne Institute of Technology.
Thomas is responsible for the accounting and finance functions of New Forests’ US operations including oversight of funds accounting, financial reporting, and regulatory compliance. Thomas works closely with the US operational and corporate team to improve financial processes and systems with a view to scalability for future growth. Thomas also manages the relationships with New Forests’ advisors in the US who provide banking, audit, tax, and SEC advisory support. Thomas has over ten years of experience leading international commercial finance and accounting functions in the US, Europe, and Australia. He is an active member of Chartered Accountants Australia and New Zealand and has a Bachelor of Business from the University of Technology in Sydney.
Alexander Kuprasov supports the acquisition and investment process for New Forests’ investment activities in the Australia-New Zealand region. This includes contributing to the development of the investment pipeline, managing the due diligence process, contributing to financial modelling, and supporting reporting to the Investment Committee and clients. Alex has over 12 years of professional experience, spanning both operational and investment roles. Before moving permanently to Australia, he was a principal at a Kiev-based private equity fund, managing over $650 million of investments from IFIs, institutional investors and family offices. Earlier, he held a number of roles in leading Norwegian, US, and Ukrainian property companies, where he identified, structured, and executed real estate transactions. Alex has a Bachelor of Business from International Christian University in Kiev and an MBA from Melbourne Business School.
Michael Lee provides technical forestry, quantitative, and modelling support for New Forests’ Australian and New Zealand assets, focusing on asset management functions. Michael brings more than six years of experience in forest investment and management consulting in Oceania. He is experienced in resource analysis, forestry operating models, investment analysis, and strategic asset planning. Michael has a Bachelor of Forest Science from Melbourne University, an MBA from the Melbourne Business School, and is currently undertaking level 2 Chartered Financial Analyst qualifications.
Sean Lloyd is an analyst in New Forests’ Investment Analytics team, primarily supporting the team on acquisition work, operational modelling, and portfolio analysis. Sean recently completed his Bachelor of Forestry Science degree at the University of Canterbury. He has worked as a summer intern for HVP Plantations as a resource technician and also ran his own arboriculture business for four years whilst studying.
Jamie Lord manages agricultural investments within New Forests’ Australia-New Zealand forestry funds. This includes reverting properties to agriculture outside of the core forestry estates and maximising the value of rural real estate assets through a strategic disposition process. In his role, Jamie contributes to investment thesis and financial model development, evaluation of opportunities, structuring, and deal execution as well as ongoing portfolio management. Jamie has experience working on pre and post farm gate transactions in several countries, though primarily in Australia and New Zealand. Previously, he worked as a banker for two of Australia’s largest financial institutions, managing agricultural supply chain clients in Australia and New Zealand across a broad range of agricultural industries, including several large, unlisted, agriculture focused funds and companies. He has a Bachelor of Business (Accounting & Finance) from Charles Sturt University and is currently completing a Master of Applied Finance (Corporate Finance and Advisory) from Kaplan Professional.
George Mackarness is a member of the Investments team, providing investment support for New Forests’ activities in the Australia-New Zealand region. He provides investment analysis, GIS mapping capabilities, land sales support, and assists with investment compliance for our Social and Environmental Management System. George joined New Forests in 2015 and has a Bachelor of Science (Forest Science) and a Bachelor of Commerce, majoring in Finance, from the Australian National University in Canberra.
Gordon Mansfield is a member of New Forests’ Australia-New Zealand operations team. Gordon is responsible for developing new market opportunities and undertaking special projects focused on optimising land use and maximising value from investments. In particular, Gordon supports the management of New Forests’ hardwood estate across Australia. Gordon also has extensive operational experience in forest certification systems and field-based compliance. Gordon has over 16 years of operational experience in forestry management and planning roles in forestry companies ranging in size from boutique to industrial with estates in Western Australia, South Australia, Victoria. and New South Wales. He has a Bachelor of Science in Environment from the University of Western Australia, and is a voting member of the Institute of Foresters of Australia.
Phil Mason is an experienced forester responsible for the operational management of assets in Australia, with primary responsibility for the operational oversight of New Forests’ Australian hardwood estate. He also supports timber marketing opportunities for export. Phil’s forestry career includes more than 20 years’ experience in operational forestry and consulting with diverse experience throughout Australia, the Pacific, Asia, and South Africa. Phil has a Bachelor of Science – Forestry from the Australian National University and an MBA from the University of Western Australia.
Amanda Naismith supports the forestry and rural land assets portfolio in Australia and New Zealand, with a focus on forest stewardship programs. Amanda has experience with natural resource management and takes a leading role on environmental programs and community outreach with property managers. This includes managing conservation and stewardship activities, overseeing forest certification in the region, coordinating valuations, and coordinating Geographic Information Systems for the Australia-New Zealand forestry funds. Amanda currently serves on the Standards Development Group for the Forest Stewardship Council Australia chapter. Amanda has a Bachelor of Applied Science (Environmental Science) from Charles Sturt University.
Maria Nally provides technical forestry, quantitative analysis, and modelling support for New Forests’ assets in Australia and New Zealand. Before joining New Forests, Maria gained broad operational experience in Australia with a focus on hardwood estate management having held roles as an operations forester in Tasmania and South Australia. Maria has a double degree in Forestry Science and Economics (1st Class Honours) from the University of Canterbury in New Zealand.
Dr Nick O’Brien leads the company’s Investment Analytics team, which conducts financial and forestry modelling and analysis related to New Forests’ investments. Nick oversees quantitative analysis of forestry assets in acquisition and works with the operational teams once assets are acquired. This includes asset-level and portfolio-level modelling and reporting and analysis on key projects. He leads an experienced team in Sydney and in regional offices to ensure that New Forests applies a consistent and high-quality analytical approach to timber management and, where possible, added value through carbon products for regulatory and voluntary markets. Nick has a Bachelor and a Ph.D. in Forest Science from the University of Melbourne.
Timothy Robards leads forestry and carbon analytics for New Forests’ carbon and conservation forestry investments in the United States. Timothy has over 25 years of experience as a forester and forest biometrician and provides quantitative oversight of forestry and forest carbon projects in the assessment, project development, and operational phases. Timothy has developed and led forest carbon research and consulting programs in the private sector following a 20-year career with the California Department of Forestry and Fire Protection. He was also quantitative lead on the Climate Action Reserve forest protocol, which was the model for the California compliance protocol used by the Air Resources Board. Timothy has a bachelor’s degree in Forest Management from Purdue University as well as a Master of Science and PhD with a focus on Forest Biometrics and Climate Change from the University of California, Berkeley.
Mark Rogers is responsible for managing the Australia-New Zealand business and overseeing the investments in ANZFF and ANZFF2 and the development of ANZFF3. He manages a team of dedicated professionals in forestry operations, acquisitions, and financial analytics for Australia New Zealand with a key focus on clients service. He has nearly 20 years experience in real asset sales and acquisition, regulation, greenfields project development, and finance. Mark sits on a number of New Forests’ Investment Committees and operating company boards. He has also had extensive experience as a Non-Executive Director on numerous other real asset companies (such as Anglian Water, Electricity North West, and Hazelwood Power Corporation). Mark is currently an independent Director on the Board of the not-for-profit Infrastructure Sustainability Council of Australia. Mark has a Bachelor of Arts, a Bachelor of Economics, and a Masters of Law from the Australian National University in Australia and is a graduate member of the Australian Institute of Company Directors.
Goetz provides technical forestry, quantitative, and modelling support for New Forests as part of the Investment Analytics team. Goetz has been working as an analyst in the forestry industry for over six years. His work brought him assignments in Asia, Europe, Australia, and New Zealand. He has worked on a broad range of projects focusing on the development and implementation of advanced technologies in the forest industry. These projects included the implementation of forest inventory software in Asia, the development of log export data collection software in New Zealand, and the utilisation of mechanised harvesting data in Australia and New Zealand. Goetz holds a B.Sc. in Forest Science from Germany and a M.Sc. in Forest Engineering from the University of Canterbury, New Zealand.
Geoffrey Seeto oversees New Forests’ timberland investment program in Southeast Asia, with 20 years’ experience in financial services, principally in private equity in the infrastructure, natural resources, and energy sectors. He is an experienced investor in the Asian region, having led, originated, and executed a wide range of transactions in various regulatory regimes. He has completed deals in Cambodia, the Philippines, Thailand, Laos, Malaysia, Singapore, Indonesia, and China. Outside of Asia, he has worked in North America, Europe, and Australia. Geoffrey was previously at KPMG, where he was Partner, Asia Infrastructure Markets. Geoffrey was also formerly Managing Director and Head of Investments for the China-ASEAN Investments Fund from 2009-2014 and has held senior positions investing in infrastructure for Babcock & Brown and ABN AMRO. Geoffrey has a bachelor’s degree in Economics and a Master of Laws from the University of Sydney.
David Shelton leads timberland acquisitions and dispositions programs for New Forests’ Australia-New Zealand forestry funds and is the co-portfolio manager for the company’s funds in the region. David manages a Sydney-based team responsible for sourcing and evaluating new investment opportunities, including structuring and executing transactions, financial analysis, business planning, negotiation, due diligence, and tax planning. He has experience working on investment transactions and research projects in more than 15 countries, primarily in Australasia. David has a Bachelor of Environmental Science (Honours) from Charles Sturt University and a MBA from the Australian Graduate School of Management.
Brian Shillinglaw leads New Forests’ US timberland and environmental market investment strategies. Brian’s expertise includes real assets and environmental market fund management, with a focus on the use of conservation finance techniques in real assets investment. His academic background includes a bachelor’s degree in Social Studies from Harvard University, a JD from Stanford Law School, a Master of Science from the Interdisciplinary Program on Environment and Resources at Stanford University, and doctoral research in historical ecology at Yale University.
David Skilton is responsible for the development and management of New Forests’ forest management information systems in support of New Forests’ acquisition activities, primarily in Australia and New Zealand but with support to other regions. David has 18 years’ experience in forest management, timberland investment, wood supply analysis, and primary industry economics. David has a broad base of international experience across investment analysis of timberland acquisitions, dispositions, and valuations, including assignments across the Asia-Pacific region as well as South America and Africa. David has a Bachelor of Forest Science (1st Class Honours) from the University of Canterbury in New Zealand.
Janet So is responsible for the development and maintenance of bid and portfolio models for acquisitions and assets under management in the United States. Her work guides fund product cash management, supports asset valuation, and provides financial and strategic perspectives on investments, business strategies, and fund structures. Janet has over 10 years of experience in asset management, with more than six years in equity research focusing on listed equity financial modelling and valuation analysis. She has also worked on financing in the solar industry with experience in investor reporting, solar asset modeling, and tax-equity structures. Janet holds a Bachelor of Arts in Business Economics from the University of California, Los Angeles. She is a California Certified Public Accountant as well as a Chartered Financial Analyst charter holder.
Oliver Somerville is responsible for the management information systems for New Forests’ forestry investments in tropical Asia and the Pacific, including for the Tropical Asia Forest Fund (TAFF). Oliver joined the New Forests Singapore office in 2014 and provides technical forestry, quantitative analysis, and modelling support for New Forests’ acquisitions and assets under management in Asia.
Oliver is a forest assessment specialist with 10 years of international project experience spanning Southeast Asia, China, Australia, New Zealand, and South America. He specialises in providing forest owners and investors ways to describe, model and value their forest assets – and to communicate this information clearly to stakeholders and clients. He has worked across transactional services, technical consulting and development, forest description development, biological asset modelling, and analysis. Prior to joining New Forests, Oliver worked in technical forestry consulting and for a leading resource information software provider to the industry in both the New Zealand and Singapore offices. Oliver has a Bachelor of Forest Science (Honours) from the University of Canterbury in Christchurch, New Zealand.
Paul Speed is the co-portfolio manager for New Forests’ Southeast Asian forestry funds, He jointly oversees the team of forestry investment and operations professionals in the region. Paul’s experience spans over 20 years, including nine years in the Solomon Islands in direct plantation forestry management and then eight years international forest industry consulting. He specialises in forest due diligence, investment appraisal, and operational management. Paul has a Bachelor’s degree in Pure and Applied Biology and a Master of Science in Forestry from Oxford University. He is a full member of the New Zealand Institute of Forestry, the Incorporated Society of Planters in Malaysia, and the Australian Institute of Company Directors.
Megan Struthers manages technical analysis and modelling for New Forests’ assets under management in Australia and New Zealand with a focus on fund and portfolio modelling. In this role, she supports New Forests’ investments through development and maintenance of fund models as well as providing technical forestry analysis. Megan previously worked in forestry operations for New Forests and has over 15 years of experience in timberland investment analysis, forest management, planning, and research. She has also worked previously with a global timberland manager supporting its timberland investment management business in the US, Australia, and New Zealand. Megan has a Bachelor of Science in Forest Management and Resource Conservation from the University of Washington and a Master of Forest Science from Yale University.
Janice Tay is responsible for managing all office and administration related duties for the Singapore office. Janice joined New Forests in 2013 with 10 years of human resource and secretarial experience. She is adept in all aspects of office administration and supports the Singapore team through business support services and travel coordination. Janice graduated with a bachelor’s degree in Business Studies (Human Resource Consulting) from Nanyang Technological University.
Peter Tittmann supports timberland asset acquisition using geospatial analysis and data science. Peter has 15 years of experience developing and deploying geospatial tools and analysis in the forestry, energy, and water sectors, with a broad range of expertise in forestry including inventory, growth and yield modelling, harvesting/management operations, and ecological restoration. His doctoral work in Geography at the University of California, Davis employed aerial Light Detection and Ranging (LiDAR) in the task of individual tree detection and measurement. He comes to New Forests from the Center for Forestry at UC Berkeley where he managed a program focused on wood products and bioenergy development and also supported the development of the Forest Climate Action Plan, a multi-agency initiative to establish contributions of the California’s forest sector to climate policy goals. Peter has a bachelor’s degree in Environmental Studies from the University of California, Santa Cruz and a PhD in Geography from the University of California, Davis.
Marthe Tollenaar is responsible for environmental and social management of New Forests’ investments in Southeast Asia. This includes primary responsibility for supporting portfolio companies in compliance with IFC Performance Standards and FSC certification. In this role, Marthe assists the investee companies in the development of Social and Environmental Management Systems and works closely together with the local E&S teams. Marthe also focuses on ensuring that E&S issues are integrated into New Forests’ investment activities in the Asian region, supporting due diligence through operations. Marthe has more than five years of experience in E&S management in the forestry sector in emerging markets. She has a Bachelor’s degree in Biology from the University of Amsterdam and a Master’s degree in Environmental Biology from the University of Utrecht, The Netherlands.
Emily Warms supports New Forests’ carbon and forestry investments in the United States. She is primarily responsible for the development of forest carbon projects for the California carbon market and is involved in all aspects of project origination, design, implementation, and credit sales. Emily’s background is in forest ecology, carbon accounting, and climate policy. Her experience includes managing the forest program of a national carbon registry, where she served as the technical and programmatic lead for forest carbon projects under California’s compliance program. Emily has also worked at leading regional and national non-profits in roles specialising on carbon accounting and forest policy issues. She has conducted research on a variety of topics, including carbon markets, forest management, and restoration. Emily is a Society of American Foresters Candidate Certified Forester. Emily has a Bachelor of Arts in Biology and Environmental Studies from Williams College and a Master of Science in Natural Resources and Forestry from the University of Vermont.