Profile: Best Impact Fund of the Year 2021
The Tropical Asia Forest Fund 2 (TAFF2),managed by New Forests, has won the Financial Investigator Impact Investing Award 2021 in the ‘Private Funds’ category.
Can you introduce your company and tell us more about the goal of this fund?
Founded in 2005, we are a global forestry investment manager headquartered in Sydney with offices in Singapore and San Francisco. We manage approximately $ 6 billion over 1 million hectares on behalf of institutional investors, including sovereign wealth funds, pension plans, insurance companies and development finance institutions.
Our portfolio consists of sustainable timber plantations, conservation areas, rural land, agriculture, carbon projects and timber processing across Australia, New Zealand, Southeast Asia and the US.
We believe the forest and land sector is at the nexus of some of the greatest challenges facing the world today, including climate change, biodiversity loss, resource scarcity and the need for sustainable development that promotes equality and social inclusion.
We have been investing in Southeast Asia for over a decade, with Asia being the world’s fastest growing region for wood product demand. Southeast Asia offers institutional investors competitive forestry returns compared to more established markets, diversification into new markets and the capacity to support the region’s transition to a sustainable forest industry
Our vision is to see forestry as a key sector helping to lead the transition to a sustainable future.