# New Forests Inc.

New Forests Inc. is a null based in San Francisco, Australia.

## Overview

- **Organization type:** null
- **Headquarters:** San Francisco, Australia
- **Region:** Oceania
- **Address:** Sydney, New South Wales, Australia
- **Founded:** 2005
- **Assets under management:** Approximately $3.5 - $4 billion (Altss estimate, from disclosed AUM of $3.3B in 2017 and annual growth rate)
- **Website:** newforests.com.au
- **LinkedIn:** https://www.linkedin.com/company/new-forests/

## Regulatory record

- **CRD number:** 165267
- **SEC file number:** 801-114546
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/165267

## About

New Forests Inc. is an SEC-registered investment adviser in San Francisco, CA, registered since 2019. The firm manages approximately $982 million in regulatory assets. It has 22 employees and 13 investment advisers.

## Sectors

- AgriTech & FoodTech
- ClimateTech
- Forestry & Timber
- Natural Capital
- Infrastructure

## Offices

- Singapore
- San Francisco

## People

- David Brand — Founder & CEO
- Euan Smith — Chief Operating Officer

## Questions

### Who makes investment decisions at New Forests?

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.

### What investment strategies does New Forests offer?

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.

### How does New Forests generate proprietary deal flow?

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.

### What geographic regions does New Forests invest in?

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.

### Does New Forests invest in carbon credits beyond offsets?

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.

## Related profiles

- [Czurak Wealth Management](https://altss.com/profile/czurak-wealth-management-llc)
- [MP Townsend Financial](https://altss.com/profile/mp-townsend-financial)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/new-forests-inc

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