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This film was commissioned and produced by Forest Investment Associates L.P. to celebrate and commemorate the twenty-fifth anniversary of its founding. FIA has distributed this film only to current and former employees, current clients and other persons that have significant business relationships with FIA as a token of its appreciation for their participation in its success. This film is not to be used for marketing the services offered by FIA and FIA respectfully requests the recipient to not distribute this film to others. While this film does not portray, in quantitative terms, the investment results realized by FIA and its clients, it does recount significant transactions in which FIA and its clients participated. These historical transactions should not be considered predictive as past performance is not a guarantee of future results. This film includes interviews of individuals who are not employees of FIA. The statements and opinions of those individuals are their own and do not necessarily reflect the views, policies or programs of FIA.
Years ago many seeds were planted...
Forest Investment Associates (FIA) is formed on May 9 by Charley Tarver and the other former principals of Wagner Southern FIA gains its first separate account investor – a major corporate pension plan
FIA gains a second separate account investor – a family trust
First timberland acquisition in the U.S. South (Georgia)
The GTF (“Grow The Firm�) internal initiative leads to three new public pension clients.
First Allegheny hardwood timberland acquisition (Pennsylvania)
...and took root. Began an employee stock purchase plan allowing all qualified employees to purchase equity in the company
Completed acquisition of 174,900 acres of Allegheny hardwood timberland in Pennsylvania and New York from International Paper Company Opened Smethport, Pennsylvania field office 5
...and they grew Our Mission as a company is to achieve financial success as an investment firm specializing in high-quality timberland investments and to be respected for excellent client service and investment performance.
1999 $1 billion in assets under management – approximately 500,000 acres
2000 Opened Jackson, Mississippi field office First timberland acquisition in the U.S. Pacific Northwest (Washington)
we became strong We believe our values serve as important principles and expect all of our decisions and activities to demonstrate them. A shared acceptance of our values builds a solid foundation for a successful company. We value: clear communication, excellence, enjoying our work, honesty and integrity, financial success, initiative and a strong work ethic, trust and respect and teamwork.
1 million acres under management
$2 billion in assets under management First commingled fund, FIA Timber Partners, L.P., formed in a joint venture with Healey Timber, LLC
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Our harvest spread...
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Forest Investment Associates promotes and practices sustainable forestry and high environmental standards for stewardship of lands we manage. We believe it is our responsibility to maintain the long-term viability of the forest while managing our clients’ timberland for competitive financial returns. We use environmentally sensitive forest conservation practices and silvicultural techniques that enhance timber production while conserving soil, water and wildlife. 11
2006 Second commingled fund, FIA Timber Partners Special Situation Fund, L.P. formed First Lake States hardwood acquisition (Wisconsin)
With growth came stability: more investing in the future.
FIA acquires 522,000 acres in the southeast from International Paper Company in its largest acquisition to date
2007 Opened field offices in Raleigh, North Carolina and Statesboro, Georgia
2008 Employees purchase Charley Tarver’s remaining equity interest in FIA upon his retirement Michael Kelly becomes FIA’s second President
FIA receives approval from an internationally recognized exchange for the first TIMO-managed carbon sequestration project on a hardwood property in Pennsylvania $3 billion in assets under management
Purchased and began management of FIA’s first agricultural investment – citrus groves in Florida FIA’s first wetlands mitigation bank, the Brick Road Mitigation Bank in Florida, becomes fully permitted and operational
FIA Timber Growth Partners, L.P., FIA’s third pooled fund, focused on biological growth and capital appreciation, is formed
2009 FIA’s fourth pooled fund, FIA Timber Partners II, L.P. formed
Diversity- in growth, management and people.
2010 FIA named one of the “Focus 6� investment management firms that scored significantly better in key leadership and culture factors in a survey of 60 investment management firms conducted by the Focus Consulting Group
FIA celebrates its 25th anniversary
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A story that is our past, present and future.
Forest Investment Associates 3575 Piedmont Road NE 15 Piedmont Center, Suite 1250 Atlanta, Georgia 30305 Phone (404) 261-9575 Fax (404) 261-9574 info@forestinvest.com