Join experienced practitioners and instructors of forest finance for this 2-day workshop. Participants will analyze the fundamentals of timberland investing, including: global trends in the asset class, market development in ecological services, risk assessment and management, and more.
Program Dates: May 21-22, 2019
Location: Duke in DC Suites, 1201 Pennsylvania Ave NW, Washington, DC
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, NASBA, etc). For more information, please contact the NS Executive Ed program at email@example.com.
Early Registration (on or before April 30, 2019) – $1,250
Standard Registration (on or after May 1, 2019) – $1,500
Duke University Alumni Registration Rate (10% discount) – $1,125
Classroom sessions may be subject to modification.
Experienced managers of timberland investment management organizations, attorneys, and Duke instructors 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.
Day 1 – Timberland Investment Fundamentals
8:30 am – 6:00 pm
Example Classroom Sessions:
- Opportunity set of global timberland investment opportunities
- Key forest-products sector trends
- Why include timberland in an investment portfolio?
- Timberland Valuation
- Players in the timberland marketplace, with a focus on TIMOs and Timber REITs
- Investment-fund structuring
- Undertaking due diligence on a prospective timberland-investment opportunity
- Constructing a timberland portfolio: Strategy and tactics
- Criteria for assessing timberland-investment opportunities
Includes Networking Lunch and Cocktail Social Hour
Day 2 – Assessing individual properties and timberland portfolios
8:00 am – 3:30 pm
Classroom sessions may include:
- Risks and risk management
- Income opportunities beyond timber sales: Emerging markets in ecosystem services and environmental offsets
- Structuring working-forest conservation easements
- Key trends and changes in Natural-Resource Investing
Includes networking lunch and panel discussion
Lead Instructor: Blake Stansell, President and CEO, The Forestland Group LLC
Lead Faculty Advisor: Joseph Bachman, Executive-in-Residence, Nicholas School of the Environment, Natural Resource Finance Initiative, Duke University
Additional Instructors Include:
- Sam Radcliffe, Former Vice President and Owner (retired), Prentiss & Carlisle
- Michael L. Clutter, Vice President, Director of U.S. Investments and Operations, Forest Investment Associates
- Scott R. Jones, President, Forest Capital Partners
- Alex Finkral, Chief Forester, The Forestland Group LLC
- Brian Dangler, Vice President and Director, Working Forest Fund, The Conservation Fund
- Nick Dilks, Managing Partner, Ecosystem Investment Partners
- Jonathan Prather, Partner, Perella Weinberg Partners
- Kevin Thomas, Partner, Eversheds Sutherland
Course Venue and Logistics
All class sessions will be held in the Duke in DC suites, 1201 Pennsylvania Ave NW, Washington, DC
We encourage you to book your travel as early as possible. There are numerous excellent hotels in the area to suit your preferences.
General Course Policies
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 firstname.lastname@example.org 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 email@example.com). 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 firstname.lastname@example.org) by 5:00 pm on the refund deadline date for the course.