New Forests

What New Forests does

New Forests is a Sydney-headquartered, private investment manager of nature-based real assets and natural capital strategies, founded in 2005. The firm manages A$10.6 billion (~US$7.1 billion) in assets across 5.7 million hectares globally, spanning sustainable timber plantations, conservation areas, carbon and conservation finance projects, agriculture, timber processing, and infrastructure. It serves institutional investors — pension funds, insurance companies, family offices, endowments, and foundations — through direct enterprise sales and regulated entities in Australia (ASIC AFSL No. 301556), the United States (SEC Investment Adviser registration), and Singapore (MAS Capital Markets Services license CMS 100950). The firm is led by CEO Mark Rogers and has expanded from its Australian base into the United States, Southeast Asia, Africa, and prospectively Latin America.

The firm's core product set comprises three real-asset strategies: forestry investments, agriculture investments (under the New Agriculture unit), and natural capital strategies encompassing carbon and biodiversity markets. In June 2026, New Forests launched the Global Landscape Opportunities (GLO) Strategy, its first global natural capital fund targeting A$1 billion (~US$707 million), with proposed geographic allocations of 60-80% to developed markets (U.S., Canada, Europe, UK, Australia, New Zealand), up to 30% to developed Latin American markets (Brazil, Uruguay, Chile), and a maximum 20% to Southeast Asia, other Latin American regions, and Africa. Its proprietary Nature Positive Initiative (NPI) methodology, developed in partnership with biodiversity intelligence platform NatureHelm, analyzes seven state-of-nature metrics across more than 400,000 hectares of forest and agricultural assets with surrounding landscape analysis covering 34.8 million hectares, supporting ESG and TNFD-compliant reporting for institutional LPs.

The business model centers on recurring asset management fees on AUM supplemented by capital appreciation of underlying nature-based real assets; specific fee schedules are not publicly disclosed. New Forests holds Certified B Corporation status with a score of 102.4 and ranks among IPE's Top 5 Natural Capital Managers (2026), reflecting 20 years of operating history. Recent strategic activity includes acquisitions of a 75% stake in a Solomon Islands forestry company (November 2025), a 50% stake in McPhee Beef Farms via the New Agriculture unit (February 2026), and Rance Timber in South Africa (September 2025), alongside the GLO fund launch and the NatureHelm NPI partnership.

Name

New Forests

Legal name

New Forests Advisory Pty Limited

Website

https://newforests.com.au

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

New Forests is a Sydney-based private investment manager, founded in 2005, that manages A$10.6 billion in nature-based real assets across 5.7 million hectares for institutional investors including pension funds, insurance companies, family offices, and endowments, offering forestry, agriculture, carbon, and biodiversity strategies globally.

Ownership category

akta.pro rank

Product category

Natural Capital Investment Management

NAICS

Support Activities for Forestry (1153), Timber Tract Operations (11311), Timber Tract Operations (113110), Timber Tract Operations (1131)

SIC

Forestry (800), Investment Advice (6282)

akta.pro primary industry

Natural Resources — Timberland (FSAAAKAH)

akta.pro secondary industries

Timberland Asset Management (Institutional/Private) (AFAMAKAA), Real Assets — Timberland & Forestry (FSAHAIAJ), Timberland & Forest Asset Management (IMAMAJAA), Timberland Carbon & Natural Capital Project Development (Offsets/REDD+) (AFAMAKAH), Sustainable Real Assets (Green Real Estate, Land, Forestry) Funds (FSANAJAD), Forest Carbon Projects & Ecosystem Services (Carbon Credits, Biodiversity) (IMAMAAAJ)

Keywords

• Natural capital investments
• Timberland asset management
• Sustainable forestry investing
• Carbon credit investments
• Agricultural real assets

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Asset Management Fees: Generates revenue through management fees on A$10.6 billion in assets under management as at 31/03/26. Manages diversified portfolio of sustainable timber plantations, conservation areas, carbon and conservation finance projects, agriculture, timber processing and infrastructure.
2. Investment Returns: Returns generated through capital appreciation of nature-based real assets including timber plantations, agricultural operations, and conservation projects across global portfolio.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

New Forests is a global investment manager of nature-based real assets, managing A$10.6 billion across 5.7 million hectares of sustainable timber plantations, conservation areas, carbon and conservation finance projects, agriculture, and timber processing infrastructure. The firm offers commingled funds and separate accounts to institutional investors, including its flagship Global Landscape Opportunities (GLO) strategy targeting forestry, agriculture, carbon markets, and biodiversity investments.

Product overview

New Forests is a global investment manager of nature-based real assets offering three core investment products: Forestry Investments (sustainable timber plantations and conservation areas), Agriculture Investments (Australian and New Zealand farmland), and Natural Capital Strategies (carbon and biodiversity markets). The firm recently launched the Global Landscape Opportunities (GLO) Strategy as its first global natural capital fund targeting A$1 billion. The product portfolio spans regional investment capabilities across Australia & New Zealand, United States, Southeast Asia, and Africa, managed through its New Forests Timber Products subsidiary. New Forests also operates a New Agriculture unit focused on agricultural investment opportunities.

Differentiator

Problem solved

Functional benefit

Brands

• New Forests Timber Products: Timber products division of New Forests
• New Agriculture

Products and services

• Forestry Investments

Quantifiable outcome

• A$10.6 billion in assets under management
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• NatureHelmcoreStrategic or Co-development PartnerNew Forests partnered with NatureHelm, a biodiversity intelligence platform, to deliver what it describes as the world's most expansive Nature Positive Initiative (NPI) pilot project. The pilot analyzed seven state of nature metrics across more than 400,000 hectares of forest and agricultural assets in Australia, the United States, Tanzania, Mozambique, and Uganda between April and October 2025, with surrounding landscape analysis covering 34.8 million hectares. The partners are now looking to expand the methodology across New Forests' global portfolio of 4.4 million hectares to meet rising investor demand for ESG and TNFD-compliant nature reporting.

Scale indicators7 records

Recent moves7 records

Expansion highlights8 records

Broad incumbents

• Manulife Investment Management Timberland: Manulife Investment Management runs one of the world's largest timberland investment programs (multi-million acres across North America, South America, Australia). It is a directly comparable institutional timberland manager, though embedded within a much larger asset management franchise offering real assets, fixed income, and equities.
• Brookfield Asset Management (Real Assets): Brookfield operates one of the largest real asset platforms globally, including timberland and renewable natural assets, competing for the same institutional LP mandates. While far broader in scope, it overlaps directly in institutional forestry and natural capital fundraising.
• Nuveen Natural Resources: Nuveen (a TIAA company) operates a large natural resources platform including timberland and farmland, competing for the same institutional LP mandates globally. Broader in scope but overlapping materially in timberland and natural capital fund products.

Direct peers

• Hancock Natural Resource Group: Hancock Natural Resource Group (a Manulife subsidiary) manages timberland and agricultural investments for institutional investors globally, including Australia and the US. Highly comparable to New Forests in investment product mix (timberland, farmland, natural capital) and institutional LP base.
• Campbell Global: Campbell Global is a specialist timberland and natural resource investment manager for institutional clients, with assets under management across the US, Australia, New Zealand, and Latin America. Closely comparable to New Forests in product focus, geography, and institutional client base.
• Stafford Capital Partners: Stafford Capital Partners is a specialist private markets investment manager focused on timber, agriculture, and food. It manages forestry and natural capital mandates globally with an institutional client base, making it a direct competitor in sustainable real asset fund mandates.
• Climate Asset Management: Climate Asset Management is a specialist natural capital manager (joint venture between HSBC and Pollination) investing in nature-based solutions including forestry and regenerative agriculture. Already a co-investment partner of New Forests (Project Paradise), making it a direct and adjacent competitor in the same asset class.
• Domain Timber Advisors: Domain Timber Advisors manages institutional timberland investments across Australia, New Zealand, and the US. Closely comparable to New Forests in product focus and regional footprint.
• Global Forest Partners: Global Forest Partners is a specialist timberland investment manager serving institutional investors with diversified global portfolios. Highly comparable to New Forests in investment mandate and client base.

Emerging players

• Pollination Group: Pollination is a climate-focused advisory and investment firm with a natural capital arm, overlapping in carbon and nature-based solutions advisory/investment. Adjacent competitor in the Australian market and co-owner of Climate Asset Management, making it a relevant emerging peer.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/new-forests

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Forests