New Forests Australia New Zealand Landscapes and Forestry Fund

• Investor: New Forests
• Source of finance: Government | Institutional investors (domestic & international) | Corporate investors (international)
• Financial instrument:
• Sector:
• Geography: Australia and New Zealand

New Forests raised additional capital of AU$600 million for the Australia New Zealand Landscapes and Forestry Fund (ANZLAFF) in 2024 as a 12-year fund. The Fund provides exposure to integrated forestry, land, carbon and agriculture markets in Australia and New Zealand targeting investments in core forestry plantations alongside processing and related infrastructure, with some targeted exposure to agriculture assets.

Key highlights of the Fund

Targets a portfolio-level return of 5-7% real (net of CPI) IRR after fees, Fund expenses, and Fund-level domestic tax, before relevant investor withholding taxes, all denominated in Australian dollars.

ANZLAFF is categorised as an Article 9 sustainable investment, meaning an investment in an economic activity that contributes to an environmental or social objective, while not significantly harming any other environmental or social objective and that the investee companies follow good governance practices.

The Fund will target carbon abatement of one million tonnes over the next decade.

View the full case study by New Forests Australia New Zealand Landscapes and Forestry Fund.