About This Fund
Australia New Zealand Landscapes and Forestry Fund (ANZLAFF) is a sustainable real assets fund managed by New Forests Asset Management, a specialist investment manager with over 20 years of experience in sustainable forestry, land use, and nature-based solutions across the Asia Pacific region. Launched in December 2022, ANZLAFF is New Forests' fourth Australia-New Zealand strategy and its most comprehensive approach to integrating productive forestry, agriculture, and nature-based value creation. The fund is designed for institutional investors seeking long-duration, climate-aligned, and inflation-linked returns from sustainable land management in Australia and New Zealand.
ANZLAFF invests in core forestry plantations — primarily sustainable eucalyptus and pine — alongside selective processing and logistics companies, with targeted exposure to primary agriculture commodities. A distinguishing feature of the fund's strategy is the systematic monetisation of nature-based value: alongside timber revenues, the portfolio generates income from carbon sequestration and emissions avoidance certificates, biodiversity credits, and renewable energy projects such as solar and wind. This integrated landscape approach aims to maximise returns from the whole property by combining productive use with environmental stewardship, responding to growing institutional demand for real assets that simultaneously deliver financial and measurable climate benefits.
ANZLAFF held its first close in December 2023, raising approximately A$450 million from institutional investors across Australia and Europe, including Swedish pension fund Andra AP-fonden (AP2), German pension group Bayerische Versorgungskammer (BVK), and the Australian Government's Clean Energy Finance Corporation (CEFC). The fund achieved its final close in January 2025 at A$600 million, meeting its target and welcoming three additional investors from Europe and Asia Pacific. ANZLAFF extends New Forests' A$4.67 billion Australia-New Zealand track record across four successive vehicles, building on the proven investment and operational capabilities developed since the firm's founding in 2005.