Investment adviser · CRD 165267

NEW FORESTS INC.

Investment adviser filing (IA)

SAN FRANCISCO, CA, United States · Form ADV filed Sep 22, 2025

Regulatory AUM
$982M
Form ADV · Item 5.F
Client accounts
4
Accounts, not individual clients
Employees
22
Reported in this filing
Advisory professionals
13
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles4$981,851,617100.0%
Filing source

Form ADV 2011085 · Sep 22, 2025 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

8 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

SHASTA CASCADE TIMBERLANDS LPReal Estate Fund · Last reported Sep 22, 2025$309MGross asset value

Form D fundraising filings

Shasta Cascade Timberlands Inc.

Auditor RSM US LLP BIRMINGHAM, Alabama, United States
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

RSM US LLP
PCAOB 49

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-9220406575
Reported beneficial owners
3
Minimum commitment
$3.09M
Form D file number
021-301652

Form ADV 2011085 · Sep 22, 2025 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

IFM TIMBER HOLDINGS, LPReal Estate Fund · Last reported Sep 22, 2025$303MGross asset value
Auditor RSM US LLP BIRMINGHAM, Alabama, United States
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

RSM US LLP
PCAOB 49

Fund details & source
Fund ID
805-1596043204
Reported beneficial owners
2
Minimum commitment
$0

Form ADV 2011085 · Sep 22, 2025 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FOREST CLIMATE SOLUTIONS FUND LPPrivate Equity Fund · Last reported Sep 22, 2025$44.2MGross asset value

Form D fundraising filings

Forest Climate Solutions Fund LP

Auditor RSM US LLP BIRMINGHAM, Alabama, United States
Custodian WELLS FARGO BANK SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

RSM US LLP
PCAOB 49

Fund details & source
Fund ID
805-8464749489
Reported beneficial owners
11
Minimum commitment
$10M
Form D file number
021-323240

Form ADV 2011085 · Sep 22, 2025 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FOREST CARBON PARTNERS, LPPrivate Equity Fund · Last reported Sep 22, 2025$1.69MGross asset value
Auditor RSM US LLP BIRMINGHAM, Alabama, United States
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

RSM US LLP
PCAOB 49

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-5930602905
Reported beneficial owners
2
Minimum commitment
$0

Form ADV 2011085 · Sep 22, 2025 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CALIFORNIA TIMBERLAND INVESTMENTS, LPReal Estate Fund · Last reported Sep 28, 2018$17.8MGross asset value
Auditor BURR PILGER MAYER, INC. SAN FRANCISCO, California, United States
Custodian WELLS FARGO N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

BURR PILGER MAYER, INC.
PCAOB 207

Fund details & source
Fund ID
805-1637571633
Reported beneficial owners
1
Minimum commitment
$25M

Form ADV 1233920 · Sep 28, 2018 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FOREST CARBON PARTNERS, L.P.Private Equity Fund · Last reported Dec 22, 2014$4.41MGross asset value
Auditor PRICEWATERHOUSECOOPERS SYDNEY, Australia
Custodian WELLS FARGO BANK SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No
Fund details & source
Fund ID
805-5908197237
Reported beneficial owners
2
Minimum commitment
$0

Form ADV 861157 · Dec 22, 2014 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

THE ECO PRODUCTS FUND, L.P.Private Equity Fund · Last reported Aug 16, 2021$414KGross asset value
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-6618462875
Reported beneficial owners
9
Minimum commitment
$500K
Form D file number
021-115096

Form ADV 1559644 · Aug 16, 2021 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Sep 22, 2025. View historical filings

Reported services

Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

580 CALIFORNIA STREET, STE 1210
SAN FRANCISCO, CA, 94104, United States

CRD 165267

Filing source

Form ADV 2011085 · Sep 22, 2025 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.