Investment Philosophy

Successful investing requires an unrelenting focus on the underlying drivers
of investment return.

 

Cash Flow Analysis

The intrinsic value of a forest investment is determined by discounting the future cash flows at a rate which reflects the risk that those cash flows may deviate from expectation.

Performance Drivers

Understanding the underlying drivers of a forest's cash flow is critical to properly underwriting risk.

Risk Mitigation

Mitigate risk by investing in fast-growing, highly productive plantations near vibrant markets and industrial infrastructure and by having exclusive relationships with experienced local operators.

Environmental/
Social

Strong commitment to managing our investors' timberlands in an environmentally and socially responsible manner as we pursue our objective of delivering superior financial returns.

Risk-Adjusted
Returns

When the intrinsic value exceeds the market price, opportunities exist to generate excess risk-adjusted return.