New Forests Inc.
- Regulatory AUM
- $982M
- Discretionary
- $982M
- Clients
- 4
- Avg AUM / client
- $245M
- Accounts
- 4
- Employees
- 22
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Sep 22, 2025
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 4 | $982M | 100.0% |
Private funds (5)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $658M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Shasta Cascade Timberlands Lp | Real Estate Fund | Delaware | $309M | 3 |
| Ifm Timber Holdings, Lp | Real Estate Fund | Delaware | $303M | 2 |
| Forest Climate Solutions Fund Lp | Private Equity Fund | Delaware | $44.2M | 11 |
| Forest Carbon Partners, Lp | Private Equity Fund | Delaware | $1.7M | 2 |
| California Timberland Investments, Lp | Real Estate Fund | Delaware | $10.0K | 1 |
People (13)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Brentlinger, David, Andrew | Chairman Of The Board, Director | Oct 2017 (9y) | Less than 5% | |
| Shannon, Audrie, Rae | Treasurer, Head Of Us Finance | Jan 2021 (6y) | Less than 5% | |
| Marshall, Jeremy, David | Vice President, Director Of Operations | Oct 2021 (5y) | Less than 5% | |
| Warms, Emily, Russell Roy | Vice President, Assoc Director Of Operations | Dec 2021 (5y) | Less than 5% | |
| Hagler, Robert, Walker | Director, Vice President | Jun 2022 (4y) | Less than 5% | |
| Rorabaugh, Samuel, Walter | Vice President, Director Of Investments | Jun 2022 (4y) | Less than 5% | |
| Briggs, Jeffrey, Steven | Managing Director, President | Feb 2023 (4y) | Less than 5% | |
| Rogers, Mark, Nicholas | Chief Executive Officer; Director | Apr 2023 (3y) | Less than 5% | |
| Norberg, Chelsey, Ann | Secretary | Jun 2023 (3y) | Less than 5% | |
| Kennedy, Paul | Chief Compliance Officer | Aug 2023 (3y) | Less than 5% | |
| Zenick, Matthew, Francis | Vice President, Assoc Director Of Operations | Aug 2023 (3y) | Less than 5% | |
| Campbell, Sarah, Jane | General Counsel | Oct 2023 (3y) | Less than 5% | |
| Elliot, Michelle | Director | Jun 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| New Forests Pty Limited | Sole Shareholder | May 2007 | A | 75% or more |
| Mitsui & Co., Ltd. | Indirect Shareholder | Jan 2023 | B | ≈ 18.75% – 50% via New Forests Pty Limited |
| Nomura Holdings Inc. | Indirect Shareholder | Jan 2023 | B | ≈ 18.75% – 50% via New Forests Pty Limited |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Mitsui & Co., Ltd.: 25% – 50% of New Forests Pty Limited × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Nomura Holdings Inc.: 25% – 50% of New Forests Pty Limited × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (5, $658M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Shasta Cascade Timberlands Lp | Real Estate Fund | $309M | $3.1M | 3 |
| Ifm Timber Holdings, Lp | Real Estate Fund | $303M | $0 | 2 |
| Forest Climate Solutions Fund Lp | Private Equity Fund | $44.2M | $10.0M | 11 |
| Forest Carbon Partners, Lp | Private Equity Fund | $1.7M | $0 | 2 |
| California Timberland Investments, Lp | Real Estate Fund | $10.0K | $0 | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 09/22/2025 | 2.08 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- Wells Fargo $26.4M (8% of AUM) Sep 2019
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Sep 22, 2025.
View current Form ADV (SEC/IAPD) ↗