• Chief Executive Officer
    David Brand
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    David Brand

    Chief Executive Officer

    David Brand founded New Forests in 2005 and leads the company’s investment programs. He is a member of New Forests’ Board of Directors and is the Chair of the company’s Investment Committees. David has over 30 years’ experience in timberland investment, forest management, science, and public policy. David is dedicated to innovative, responsible investment strategies in the forest sector and associated assets, including infrastructure, bioenergy, and environmental markets. Previously, David was responsible for investment programs that integrated timber management with emerging environmental market opportunities at Hancock Natural Resources Group (HNRG). Prior to joining HNRG, David was the Executive General Manager of State Forests of NSW where he led pioneering transactions in the commercial development of environmental markets. From 1985-1995 David worked with the Canadian Forest Service as a scientist, director of scientific programs, and ultimately as national Director-General of Science and Sustainable Development. He serves on the Board of Directors of the Washington, DC-based non-governmental organisation Forest Trends and on the Board of Trustees of Bangkok-based Intergovernmental Organisation, The Centre for People and Forests. David has a PhD from the University of British Columbia and a Bachelor of Science in Forestry from the University of Toronto in Canada.

  • General Counsel
    Margaret Cole
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    Margaret Cole

    General Counsel

    Margaret Cole is responsible for oversight of all legal, governance, risk, and compliance functions for New Forests. In this role she leads New Forests’ team of legal, governance, risk, and compliance professionals to provide services across the company’s international funds management business. Margaret has represented lenders and investors in emerging and developed markets worldwide and has also worked as counsel at the International Finance Corporation in Washington from 1991 until July 1995. She was a partner with international law firm White & Case from 1995-2005 and again from 2010-2015, working in London, Bangkok, Singapore, and Abu Dhabi. From 2005 until 2010, she was General Counsel of an internationally active principal investment and asset management company in the infrastructure, operating leasing, real estate, and corporate finance sectors. Prior to joining New Forests, Margaret was a partner with international law firm Pinsent Masons, based in Sydney. Margaret is a Graduate of the Australian Institute of Company Directors (GAICD), Member of the New York Bar, Solicitor, England and Wales, and a Member of the NSW Law Society.

  • Executive Director, Investor Services
    Radha Kuppalli
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    Radha Kuppalli

    Executive Director, Investor Services

    Radha Kuppalli leads New Forests’ Investor Services business unit. Her oversight includes product development and communication of New Forests’ investment strategies in the institutional investment market; integration of responsible investment and ESG innovations into investment strategy; client relations and funds marketing; brand stewardship and thought leadership to place New Forests as a leading investment manager in the forestry sector; and institutional investment and forestry markets research. She is a member of the company’s Executive Committee and is a member of various Investment Committees. Radha has been with New Forests since 2006. Her 20-year career has been focused on driving capital markets toward investing in climate change solutions and sustainable development. Radha has a Bachelor of Arts in International Studies and Economic Theory from American University in Washington, D.C., and an MBA and master’s degree in Environmental Management from Yale University’s School of Management and School of Forestry and Environmental Studies. She is on the Advisory Board of the Center for Business and Environment at Yale University and is an associate of the Yale World Fellows Program. She is also an alumna of the Junior Fellows Program of the Carnegie Endowment for International Peace.

  • Managing Director, Australia-New Zealand
    Mark Rogers
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    Mark Rogers

    Managing Director, Australia-New Zealand

    Mark Rogers is responsible for managing the Australia-New Zealand business and overseeing the investments in ANZFF and ANZFF2 and the deployment of ANZFF3. He manages a team of dedicated professionals in forestry operations, acquisitions, and financial analytics for Australia New Zealand with a key focus on clients service. He has nearly 20 years experience in real asset sales and acquisition, regulation, greenfields project development, and finance. Mark sits on a number of New Forests’ Investment Committees and operating company boards. He has also had extensive experience as a Non-Executive Director on numerous other real asset companies (such as Anglian Water, Electricity North West, and Hazelwood Power Corporation). Mark has a Bachelor of Arts, a Bachelor of Economics, and a Masters of Law from the Australian National University in Australia and is a graduate member of the Australian Institute of Company Directors.

  • Chief Financial Officer
    Gavin Le Roux
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    Gavin Le Roux

    Chief Financial Officer

    Gavin Le Roux is CFO for the New Forests group of companies. He oversees New Forests’ finance and fund administration functions, including fund and client reporting, corporate financial reporting, and financial administration. Since 2006, he has successfully grown New Forests’ corporate and funds financial systems, as the company has taken on more clients and offered a greater number of fund products in multiple jurisdictions. Gavin has over 15 years of experience in commercial and chartered accounting in South Africa, New Zealand, and Australia. He is a Chartered Accountant (South Africa) and has a Bachelor of Commerce (Honours) degree from the University of Natal in South Africa and a Master of Environmental Studies from Macquarie University in Sydney. Gavin is a graduate member of the Australian Institute of Company Directors.

  • Managing Director, New Forests Asia
    Geoffrey Seeto
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    Geoffrey Seeto

    Managing Director, New Forests Asia

    Geoffrey Seeto oversees New Forests’ timberland investment program in Southeast Asia, with 20 years’ experience in financial services, principally in private equity in the infrastructure, natural resources, and energy sectors. He is an experienced investor in the Asian region, having led, originated, and executed a wide range of transactions in various regulatory regimes. He has completed deals in Cambodia, the Philippines, Thailand, Laos, Malaysia, Singapore, Indonesia, and China. Outside of Asia, he has worked in North America, Europe, and Australia. Geoffrey was previously at KPMG, where he was Partner, Asia Infrastructure Markets. Geoffrey was also formerly Managing Director and Head of Investments for the China-ASEAN Investments Fund from 2009-2014 and has held senior positions investing in infrastructure for Babcock & Brown and ABN AMRO. Geoffrey has a bachelor’s degree in Economics and a Master of Laws from the University of Sydney.

  • Executive Director, New Forests Inc.
    Brian Shillinglaw
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    Brian Shillinglaw

    Executive Director, New Forests Inc.

    Brian Shillinglaw leads New Forests’ US timberland and environmental market investment strategies. Brian’s expertise includes real assets and environmental market fund management, with a focus on the use of conservation finance techniques in real assets investment. His academic background includes a bachelor’s degree in Social Studies from Harvard University, a JD from Stanford Law School, a Master of Science from the Interdisciplinary Program on Environment and Resources at Stanford University, and doctoral research in historical ecology at Yale University.