New Forests announced it has acquired the 156,000-acre Hilt-Siskiyou Forest, a mixed-conifer forest along the California and Oregon border, from the Fruit Growers Supply Co. (FGS) alongside an institutional investor client.
The Hilt-Siskiyou Forest is the latest sustainable forestry investment by New Forests in the United States. New Forests’ investment strategy in the United States is to acquire and manage forestry assets for sustainable timber production, environmental market exposures and conservation, in order to generate higher returns than a timber-only management approach and to create climate change mitigation outcomes and positive community impact. The global forestry investment management firm seeks to deploy at least $500 million in capital for multiple clients in U.S. forests during the next 24 months and is actively considering additional investments in the Pacific Northwest, Lake States, New England and Appalachia.
The Hilt-Siskiyou Forest is a high-qua