James Bullen leads the operations team for New Forests’ investments in the United States, with oversight of timberland and carbon operations. James works closely with third-party forest resource managers and investment vehicle boards, bringing an emphasis on operational efficiency, technical rigour, and value creation to his oversight of New Forests’ investments in the region. James has more than 20 years’ forest management and investment experience, across all aspects of the management of large, FSC-accredited forestry projects, including establishment, silviculture, harvesting, forest engineering, sustainability, and marketing. James joined New Forests in 2008 and previously managed operations for the company’s investments and funds in Australia-New Zealand and Southeast Asia. His diverse experience includes forestry operations and management roles in Malaysia, Indonesia, Laos, Australia, New Zealand, the Solomon Islands, the United Kingdom, and the US. James has a Bachelor of Science in Forest Management from the University of Aberdeen in Scotland.
Ed Coulter is responsible for the coordination of biological and financial analytics supporting the acquisition and operation of forest and carbon assets for New Forests’ investments in the US. He contributes to investment and management decisions with biological, financial, and strategic analysis. Previously, Ed worked for a timber company developing strategies and appraisals for timberland acquisitions and dispositions and developing long-term and operational plans for forest management. He has also worked in timberland investment, consulting, and for the US Forest Service, giving him diverse analytical experience integrating silviculture, finance, and forestry operations. Ed holds a Bachelor of Science in forest management from the University of California, Berkeley and a Master of Science in forest economics from North Carolina State University, Raleigh.
Robert Hagler leads investor relations for New Forests’ US strategies and clients. Bob has more 30 years of experience in all aspects of forestry and timberland investments. Prior to joining New Forests, Bob was Principal of ForestEdge, LLC, a Registered Investment Advisor and timberland investment consultancy serving family offices and direct timberland investors. Over the past 20 years, he has held a range of senior positions including Head of Timberland Investment Strategy and International Portfolio Manager for both US and international timberland investments. Prior to that, Bob established and led Wood Resources International, an international forestry and forest product consulting practice that conducted research and projects in more than 70 countries around the world. Bob holds a bachelor’s degree in Forest Resource Management from Virginia Polytechnic Institute and an MBA from Penn State University.
Eric Lewis-Clark supports New Forests’ forestry and carbon investments in the United States, primarily related to acquisitions and operations through spatial and quantitative modelling of forestry and carbon assets. Eric has experience in using LiDAR and other forms of aerial imagery for calculating forest biometrics and performing statistical analysis as well as field operations for carbon project development. Eric joined New Forests in 2018 after having supported field operations on New Forests’ carbon projects in Alaska in 2017. He previously worked as an analytical chemist before transitioning to science-driven analytics in the forest sector. Eric has a Bachelor of Science in Chemistry from Binghamton University (SUNY) and a Master of Environmental Science from Alaska Pacific University.
Jonathan Loevner leads acquisitions for New Forests US’ timberland asset management and forest carbon project finance strategies. His responsibilities include investment strategy, deal origination, due diligence, transaction structuring, counterparty negotiation, and transaction closing. Jonathan also manages the sale of forest carbon credits. Prior to joining New Forests, Jonathan served in various roles in the acquisition and divestiture group at the Weyerhaeuser Company, including as a transaction manager and valuations analyst. His experiences includes having performed timberlands valuations for hundreds of transactions and having built and managed complex timberland portfolio models. Before launching his career in timberland investing, Jonathan served as a natural resource and finance policy advisor to a member of the US Congress. He holds a Master of Forestry and Master of Business Administration from Yale University, where he was a Wyss Conservation Scholar, as well as a Bachelor’s degree in Latin American History from Carleton College. Jonathan is a member of the Forest Stewards Guild.
Amanda Naismith supports New Forests’ carbon and forestry investments in the United States. Amanda has a background in natural resource management combined with nearly 10 years of forest industry experience. She is responsible for the operational and strategic plans for timberland assets and takes a leading role in developing and improving environmental and social performance of assets in compliance with New Forests’ Social and Environmental Management System. Amanda was the Chair of the Forest Stewardship Council (FSC) Australia Board of Directors in 2019 and previously represented the plantation industry throughout the development of the Australian National FSC Forest Management Standard. Amanda has a Bachelor of Applied Science (Environmental Science) from Charles Sturt University.
Simba Ndemera is responsible for the accounting and finance functions of New Forests’ US business, including oversight of funds accounting, financial reporting, and regulatory compliance. Simba works closely with the US operational and corporate teams to improve financial processes and systems with a view toward scalability for future growth. Simba also manages the relationships with New Forests’ vendors who provide banking, audit, tax, and SEC advisory support. Simba has over 20 years of experience leading international corporate finance and accounting functions in the US, Europe, Oceania, and Africa. He has a Bachelor of Accounting Science degree from the University of South Africa.
Mark Rogers is responsible for managing the Australia-New Zealand and US (ANZUS) businesses and overseeing the investments in all product lines in those regions. Mark manages a team of dedicated professionals in forestry operations, acquisitions, and financial analytics for ANZUS with a key focus on client service and investment excellence. He has over 25 years’ experience in real asset sales and acquisition, regulation, greenfields project development, and finance. Mark is a member of several 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. 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.
Sam Rorabaugh manages acquisitions for New Forests US’ forestry asset management strategy. His responsibilities include leading due diligence, transaction structuring, counterparty negotiation, and transaction closing activities as well as assisting investment strategy and deal origination. Prior to joining the New Forests team, Sam worked as the Director of Transactions for an institutional timberland manager that manages the largest domestic portfolio of FSC-certified natural forest systems in the United States. His experience includes having led complex timberland transactions that included climate and conservation overlays. In addition to leading transactions, Sam has extensive experience in timberland portfolio valuation and analysis. Sam is a forester and holds a Master in Forest Resources with a focus in Forest Business from the University of Georgia, where he was a J.L. Clutter Memorial Scholar, and a Bachelor of Science in Industrial Forestry Operations from Virginia Tech.
Brian Shillinglaw oversees New Forests’ forestry and environmental market investment programs in the United States. With 13 years of experience in real asset and environmental market investment management, Brian has led over 75,000 hectares of sustainable forestry investments and over 200,000 hectares of forest carbon investments. Brian has worked extensively with Native American governments on carbon-financed forest conservation, and the investment programs he leads have delivered over 12 million metric tonnes of verified carbon emission reductions. His academic background includes a bachelor’s degree in Social Studies from Harvard University, a JD from Stanford Law School, and a Master of Science from the Interdisciplinary Program on Environment and Resources at Stanford University.
Janet So is responsible for the development and maintenance of bid and portfolio models for acquisitions and assets under management in the United States. Her work guides fund product cash management, supports asset valuation, and provides financial and strategic perspectives on investments, business strategies, and fund structures. Janet has over 10 years of experience in asset management, with more than six years in equity research focusing on listed equity financial modelling and valuation analysis. She has also worked on financing in the solar industry with experience in investor reporting, solar asset modeling, and tax-equity structures. Janet holds a Bachelor of Arts in Business Economics from the University of California, Los Angeles. She is a California Certified Public Accountant as well as a Chartered Financial Analyst charter holder.
Peter Tittmann supports timberland asset acquisition using geospatial analysis and data science. Peter has 15 years of experience developing and deploying geospatial tools and analysis in the forestry, energy, and water sectors, with a broad range of expertise in forestry including inventory, growth and yield modelling, harvesting/management operations, and ecological restoration. His doctoral work in Geography at the University of California, Davis employed aerial Light Detection and Ranging (LiDAR) in the task of individual tree detection and measurement. He comes to New Forests from the Center for Forestry at UC Berkeley where he managed a program focused on wood products and bioenergy development and also supported the development of the Forest Climate Action Plan, a multi-agency initiative to establish contributions of the California’s forest sector to climate policy goals. Peter has a bachelor’s degree in Environmental Studies from the University of California, Santa Cruz and a PhD in Geography from the University of California, Davis.
Emily Warms supports New Forests’ carbon and forestry investments in the United States. She is primarily responsible for the development of forest carbon projects for the California carbon market and is involved in all aspects of project origination, design, implementation, and credit sales. Emily’s background is in forest ecology, carbon accounting, and climate policy. Her experience includes managing the forest program of a national carbon registry, where she served as the technical and programmatic lead for forest carbon projects under California’s compliance program. Emily has also worked at leading regional and national non-profits in roles specializing on carbon accounting and forest policy issues. She has conducted research on a variety of topics, including carbon markets, forest management, and restoration. Emily is a Society of American Foresters Certified Forester. Emily is currently serving on the California Air Resources Board’s Compliance Offset Protocol Task Force as the carbon market representative. Emily has a Bachelor of Arts in Biology and Environmental Studies from Williams College and a Master of Science in Natural Resources and Forestry from the University of Vermont.