The New Zealand Superannuation Fund has committed an additional $50 million to its value-added U.S. timberland mandate with Domain Timber Advisors, increasing the separately managed account to $200 million.
The additional capital builds on a $150 million mandate established in 2023.
Domain Timber Advisors has fully deployed the original commitment across a diversified portfolio of U.S. timberland investments.
The new $50 million allocation will provide additional capital for acquisitions as well as value-creation initiatives within both existing and future properties.
Domain’s investment strategy targets non-industrial, fragmented or undermanaged timberland where active property management can potentially improve economic and environmental value.
The strategy incorporates forestry management, certification and stewardship, property improvements, aggregation of individual timberland assets and selective alternative land-use opportunities.
The objective is to transform individual holdings into larger, institutional-quality portfolios while improving underlying asset performance.
NZ Super Fund’s additional commitment reflects the long-term nature of the relationship and follows the deployment of the original mandate.
Domain Timber Advisors managed approximately $866 million across roughly 270,000 acres in the U.S. as of March 31, 2026.
Since its founding in 2016, the company has overseen approximately $1.3 billion of commitments across 19 funds and separate accounts spanning 26 states.
Domain Timber Advisors is part of Domain Capital Group, which managed approximately $9.1 billion in assets through its registered investment advisory subsidiaries as of March 31.
NZ Super Fund is a sovereign wealth fund established by the New Zealand government to help pre-fund future universal superannuation costs.
For NZ Super Fund, timberland provides exposure to a real asset with long investment horizons, while Domain’s value-added mandate creates opportunities to increase returns through active property-level strategies.
KEY QUOTES:
“The original commitment allowed our teams to build the portfolio thoughtfully and establish a collaborative relationship grounded in alignment, transparency and a shared long-term perspective.”
Don Warden, Managing Director and Co-Head of Domain Timber Advisors
“The additional commitment will support the continued execution of the mandate, including both selective additions to the portfolio and value-creation opportunities across the holdings, and reflects our shared long-term approach to investing in timberland.”
Pete White, Portfolio Manager, Real Assets at NZ Super Fund
“This additional capital gives us greater flexibility to pursue acquisitions that complement the portfolio and to capitalize on value-creation opportunities across both existing and future investments.”
John Capriotti, Managing Director and Co-Head of Domain Timber Advisors
