Domain Timber provides investment management services focusing primarily on timber,
environmental, and ecological assets. Domain Timber was organized in 2016, and its principal
office is located in Atlanta, Georgia. Domain Timber is wholly owned by Domain Timber
Holdings, LLC. The majority owner of Domain Timber Holdings is Domain Capital Group, LLC,
which also majority owns Domain Capital Advisors, LLC, another registered investment adviser.
On May 30, 2017, Domain Timber acquired the assets of another registered investment adviser,
including their general partner interest in several commingled funds and the investment
management agreements for each fund. Domain Timber now serves as the manager of, and its
affiliates serve as the general partners of, Domain Timber Investments III, LP, Domain
Environmental Investments II, LP, and Domain Environmental Investments III, LP. Additionally,
effective December 6, 2018, Domain Timber was approved by the Central Bank of Ireland to act
as investment manager to the Domain Capital Group ICAV. Domain Timber also manages assets
for a number of separately managed accounts.
Domain Timber’s timberland-related investment strategy targets asset opportunities in the United
States and combines forestry management practices with institutional quality asset management
and reporting. Domain Timber’s environmental and ecological asset investment strategy is
focused on real property or other natural resources that have intrinsic but unrealized environmental
and/or ecological value due to hydrology, function, biodiversity, habitats, topography, location,
historical use, restoration potential, or other similar characteristics. Examples include stream
and/or wetland mitigation banks and endangered species habitat conservation banks.
The type and scope of service Domain Timber provides may vary significantly based on the nature
of the investment and particular instructions or mandate of the client. Domain Timber offers its
services for separately managed accounts and sponsored commingled funds. In most cases,
Domain Timber seeks to maximize value of client portfolios through capital appreciation,
improved asset productivity, and cash flows from timber harvests and other available cash
realization events. To achieve these objectives, Domain Timber outsources on-the-ground
property management, timber harvesting operations, and other forestry related services to third
parties, and these services are paid for by the client.
When advising separately managed accounts, Domain Timber tailors its services to the needs of
the client. Domain
Timber typically acquires and disposes of properties on a non-discretionary
basis, but exercises discretion in managing the properties, such as timing and scope of harvests.
Domain Timber will typically begin assessing an investment opportunity by analyzing the merits
of the opportunity and providing due diligence and other reporting to the client on the opportunity.
If the client decides to proceed with the investment, Domain Timber will negotiate the terms of
the opportunity, engage professionals to form vehicles through which the client will acquire the
investment, and handle other aspects of the initial investment. After the initial investment
transaction, Domain Timber will provide ongoing management, monitoring and reporting on the
investment. The client typically will retain authority to make further acquisition or disposition
decisions, but Domain Timber may make recommendations with respect to such decisions. If the
client decides to engage in such subsequent transactions, Domain Timber will typically negotiate
directly or arrange for a broker or other appropriate third party to handle and execute such
transaction. In connection with its management of separate accounts, Domain Timber receives
compensation through management fees, performance-based fees, and acquisition and/or
dispositions fees.
When advising commingled funds, Domain Timber exercises discretion in deciding when to buy
and sell properties and other assets and in evaluating how to manage the assets. Domain Timber
will provide ongoing management, monitoring and reporting on the investments within the
commingled funds and will engage necessary audit and other professionals as needed, all pursuant
to the terms of the governing documents for the fund. In connection with its management of
commingled funds, Domain Timber receives compensation through management fees,
performance-based fees, and acquisition and/or dispositions fees.
As of December 31, 2023, Domain Timber had approximately $443,442,290 of regulatory assets
under management among its five commingled, closed-end funds. As of this date, Domain Timber
also manages timberland investments in separate accounts totaling approximately $307,051,354
of assets, which are not included as regulatory assets under management because they do not meet
the definition of securities portfolios. Altogether, Domain Timber managed assets valued at
approximately $750,493,645 as of December 31, 2023. Domain Timber does not offer or
participate in any wrap-fee programs. Clients may impose restrictions on investing in certain
securities or types of securities or investments.