Firm Description We are a timber investment management organization. We manage a globally diverse portfolio of timberland assets through closed-end investment funds and separately managed accounts for institutional and other qualified investors. GFP is a successor to the timber investment management business of UBS Timber Investors, which itself is a successor to Resource Investments, Inc. (“RII”). RII was founded in 1982 as a subsidiary of the Boston Company and began managing assets for United States tax-exempt institutional investors in 1985. The firm operated as an independent investment adviser from 1990 until 1995 when it was acquired by UBS, which operated the firm until a management buyout in 2003. The firm underwent an internal succession transition in early 2019 whereby members of the management team acquired the equity in the firm. Principal Owners GFP is an independently owned partnership. There are no owners that hold 25% or more of GFP. Types of Advisory Services We advise clients on timberland and forestry-related investments located throughout the world. GFP emphasizes sustainably managed, high quality, planted forests in locations featuring robust domestic markets or efficient access to global markets. Within the alternative asset class, timberland can provide investors stable long-term rates of return, portfolio diversification, and cash yield from timber harvesting and related activities. We are actively involved in the selection, acquisition and management of forestry properties and the oversight of timber and land sales. Utilizing fundamental research and analysis techniques, we review the quality of the timberland, the inventory of trees, prospects for productive growth, market demand, market development opportunities, and key market risks. In our analysis, we seek advice from foresters and other subject matter specialists, including our employees, consultants and local property managers, who are familiar with the specific regions, properties and species being considered.

Where the investment case is compelling, GFP may supplement these core investments with one or more forestry-related projects, including manufacturing facilities, carbon sequestration projects, wind-energy projects, or general infrastructure projects. GFP’s experience has shown that the capacity to invest in such forestry-related projects can enhance the overall value of a fund’s forestry investments and provide flexibility in deal underwriting that presents an advantage in competitive processes for high quality assets. Once acquired, GFP guides the strategic direction of each investment via annual budgeting, ongoing oversight and the development of standards for forestry systems and data management. GFP seeks to make improvements in forest growth and production through the application of best management Firm Brochure – Part 2A of Form ADV 5 March 28, 2024 practices, current technology, and leading management expertise. To manage investment risk, GFP seeks to build a portfolio of investments displaying a diversity of end markets, regions, growing conditions, tree species and age class profiles. Tailored Relationships Investors are advised of our investment strategy for a timberfund before they make their investment commitments. In general, the timberfunds contain requirements for diversification including by: geographic regions or countries, tree species, size of investments relative to the timberfund and number of investments. In most cases, investors do not participate in the decision of whether or not to make any particular investment acquisition. In addition, GFP has tailored investment programs to meet the requirements of its investors. Wrap Fee Programs We do not participate in wrap fee programs. Assets Under Discretionary and Non-Discretionary Management As of December 31, 2023, GFP had assets under discretionary management of approximately $2,277,540,000 and assets under non-discretionary management of approximately $1,277,231,000.