Key Takeaways
- Stafford Capital Partners has created a USD 1.2 billion continuation vehicle consolidating three existing timberland funds into a perpetual structure.
- The Fund holds 74 timberland assets across the USA, New Zealand, Australia, and Latin America, totaling more than 6.3 million acres.
- Stafford reports strong investor support, with 73% of existing investors rolling into the new vehicle and significant backing from UK Local Government Pension Funds.
- The portfolio is expected to generate long-term cash yields and contribute to measurable carbon sequestration and conservation outcomes.
- Stafford Capital Partners does not plan to raise new capital for the vehicle but will focus on active asset management and selective divestments.
Stafford Capital Partners Launches USD 1.2 Billion Continuation Fund
Stafford Capital Partners has announced the establishment of the Stafford International Timberland Continuation Fund, a USD 1.2 billion vehicle consolidating three of its existing timberland funds – SIT VI, VII and VIII – into a new perpetual structure. The move marks a significant step in the firm’s long-term stewardship and strategic management of its timberland holdings.
Stafford Capital Partners Details Scope of the Timberland Portfolio
The Continuation Fund includes 74 timberland assets representing more than 6.3 million acres across the United States, New Zealand, Australia, and Latin America. These holdings comprise major positions in the second- and third-largest commercial timberland estates in New Zealand, one of Australia’s largest softwood forest estates, and 37 assets spanning 15 states in the US South.
The firm constructed the fully deployed portfolio over seven years through a mix of secondaries, primaries, and co-investments. Stafford now directly manages 21% of the assets.
