Domain Timber Advisors, LLC (“Domain Timber”), a SEC Registered Investment Advisor and an affiliate of Domain Capital Advisors, LLC (“Domain Capital”) announced the purchase of Timbervest, LLC’s fund management business.
Domain Timber is focused on discretionary investment management of timberland and timberland-related investments for public and private pension plans, corporations, foundations, endowments, and high net worth individuals.
The purchase included the acquisition of the Timbervest infrastructure and personnel responsible for managing a 530,000-acre timberland portfolio with a market value of approximately $1 billion across the major timber producing regions of the U.S.
In addition, the portfolio is also comprised of environmental restoration projects including mitigation and conservation banks across the U.S., with a market value of approximately $200 million.