Timberland Investments For Professionals

 

Registration is now closed for the May 2017 workshop. Please contact us at execed@nicholas.duke.edu for next course dates. 


Audience

Timberland-investment professionals in developmental stages of their careers and forestry, accounting, legal, and conservation professionals who interact with them; investment analysts, portfolio managers, financial planners, and trust officers who make decisions regarding timberland assets; and public-policy officials who desire to better understand institutional timberland managers.

Continuing Education Credits will be available for some professional fields (SAF CFEs, CLE credits, etc). For more information, please contact the NS Exec Ed program.


Program Description

Classroom sessions may be subject to modification. For the most updated agenda, please contact the NS Exec Ed program.

Duke Forest Program Director Sara Childs field visit.

Duke Forest Program Director Sara Childs leads a field visit during a 2014 Timberland investments class.

Experienced managers of timberland investment management organizations, attorneys, and Duke professors describe and analyze the global opportunity set of investments, trends, alternative strategies and tactics, timber-market fundamentals, the development of markets in ecological services, financial reporting and tax considerations, risk management, and financial criteria for assessing alternatives—all in a case format.  Course will include a topical panel discussion with professionals.

Day 1 – Timberland Investment Fundamentals

9am – 3pm: Classroom Sessions and/or Field Trip

Opportunity set of global timberland investment opportunities
Key forest-products sector trends
Why include timberland in an investment portfolio?
Players in the timberland marketplace, with a focus on TIMO’s and Timber REIT’s
Investment-fund structuring
Income opportunities beyond timber sales: Ecological services
Criteria for assessing timberland-investment opportunities

4 – 7 pm: Panel Discussion and Networking Reception

Day 2 – Assessing individual properties and timberland portfolios

8am – 4pm: Classroom sessions include: 

Structuring working-forest conservation easements
How to value timberland
Timberland and financial reporting
Undertaking due diligence on a prospective timberland-investment opportunity
Risks and risk management
Using financial leverage
Income-tax considerations
Assessing international opportunities
Constructing a timberland portfolio: Strategy and tactics

 


Instructors

Lead Instructor: F. Christian Zinkhan, Chief Executive Officer, The Forestland Group LLC

Lead Faculty Sponsor: Jeffrey Vincent, Stanback Dean and Korstian Professor in Forest Economics and Management, Nicholas School of the Environment, Duke University


General Course Policies

Payment
Payment is due upon receipt of invoice or no less than 15 days before the start of the course. If special arrangements must be made for payment due to agency requirements, you must contact our office no less than 15 days prior to the start of the course at execed@nicholas.duke.edu to complete and submit a payment due notice form.

Failure to make payment arrangements 15 days prior to the start of the course may result in the forfeit of your seat and you will be held responsible for the full tuition of the course. Future registrations will not be accepted from individuals with unpaid invoices.

Course certificates will not be provided until payment is received.

Cancellation & Transfer Policy
All speakers and companies listed have confirmed their participation. If for unforeseen and unavoidable circumstances a speaker cannot attend, instructional time will be filled with comparable instructors. If a course is canceled due to insufficient registrations, tuition will be refunded. Duke cannot be held responsible for travel costs or arrangements made by participants.

Cancellation of registration requires 15 days written notice prior to course start date in order to receive a refund (please submit notification to execed@nicholas.duke.edu). Individuals who do not attend and fail to send written notice prior to the deadline will be charged the full tuition. You may send a substitute to attend the course in your place. However, a $100.00 administrative fee will be assessed for this change, regardless of when written notice is submitted.  Any cancellation or substitute request must be received in writing.

  • 15 or more days prior to the course start date – Full tuition refund, minus a $100 administrative fee.
  • Less than 15 days prior to the course start date – Full tuition is assessed and a refund is forfeited.
  • Substitute within your organization can attend in your place for an additional $100.00 administrative fee.

In order to receive a refund, you must cancel your registration (in writing to execed@nicholas.duke.edu) by 5:00 pm on the refund deadline date for the course.