New Forests Inc.

David Brand serves as Founder and CEO and sets the firm's strategic direction. Euan Smith is Chief Operating Officer. The firm has a dedicated investment committee responsible for timberland acquisitions and fund allocations, though individual names on that committee are not publicly disclosed.

New Forests runs dedicated strategies in timberland, carbon credits, water rights, and agroforestry. It manages both open-ended and closed-end funds, with separate mandates for institutional clients seeking direct exposure to forest assets or carbon offsets.

The firm sources deals primarily through its in-country forestry and land-management teams in Australia, New Zealand, Southeast Asia, and the US. It also partners with government land agencies and conservation organizations. The World Bank BioCarbon Fund partnership announced in 2023 is one example of its institutional deal sourcing.

New Forests is an institutional asset manager, not a family office. It manages capital for superannuation funds, pension funds, endowments, and other institutional investors. There is no disclosed family wealth backing the firm.

New Forests invests across four continents: Australia and New Zealand (its home markets), Southeast Asia, the United States, and Latin America. Its projects in Latin America are newer, originating from the 2023 World Bank partnership.

Yes. New Forests manages a dedicated carbon fund and also generates carbon credits from its own forestry operations. The firm treats carbon as an asset class, not merely a byproduct of its timberland investments, and trades in both compliance and voluntary markets.