NZ Super Fund Expands Value-Added U.S. Timberland Mandate With Domain Timber Advisors to US$200 Million

Additional US$50 million commitment builds on a fully deployed US$150 million mandate established in 2023

ATLANTA--(BUSINESS WIRE)--Domain Timber Advisors, LLC (DTA) today announced the Guardians of New Zealand Superannuation, manager of the New Zealand Superannuation Fund (NZ Super Fund), has made an additional US$50 million commitment to its value-added U.S. timberland separately managed account with DTA. The additional commitment brings total committed capital under the mandate to US$200 million.

The organizations established the mandate in 2023 through NZ Super Fund's initial US$150 million commitment. DTA has since fully deployed that capital across a diversified portfolio of U.S. timberland investments. The additional capital will give DTA greater flexibility to pursue acquisitions that complement the existing holdings and capitalize on value-creation opportunities across existing and future investments.

"We are deeply grateful to NZ Super Fund for its continued confidence in DTA and for the opportunity to expand our work together,” said Don Warden, Managing Director and Co-Head of Domain Timber Advisors. “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. We are proud of what we have built together and excited about the work ahead."

"DTA has been a valued partner in developing this portfolio,” said Pete White, Portfolio Manager, Real Assets at NZ Super Fund. “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."

DTA's value-added strategy focuses on sourcing non-industrial, fragmented or undermanaged timberland where active management can create economic and environmental value. The approach combines disciplined forestry, certification and stewardship, property improvements, aggregation, and selective land-use opportunities to improve individual assets and assemble institutional-quality portfolios.

"The existing portfolio is well-positioned, reflecting the excellent work Scott Reaves, Managing Director of Domain Timber Advisors, and the broader DTA team have done to assemble high-quality timberland and identify a range of property-level opportunities across the holdings,” said John Capriotti, Managing Director and Co-Head of Domain Timber Advisors. “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. That includes disciplined forestry and property improvements, aggregation opportunities and selective land-use initiatives that can enhance long-term value. We look forward to continuing to build on the strong foundation already in place."

About Domain Timber Advisors

Established in 2016, Domain Timber Advisors, LLC is a registered investment adviser specializing in actively managed timberland investments and natural capital strategies throughout the United States. DTA combines disciplined forestry management with active property-level strategies designed to enhance long-term economic and environmental value.

As of March 31, 2026, DTA managed approximately US$866 million across approximately 270,000 acres throughout the United States. Since its establishment, DTA has overseen approximately US$1.3 billion in commitments across 19 funds and separate accounts spanning 26 states.

DTA is a subsidiary of Atlanta-based Domain Capital Group, LLC, a multi-strategy investment management firm serving institutional and private investors across real estate; media, entertainment and technology; timberland and natural capital; and special situations. As of March 31, 2026, Domain Capital Group managed approximately US$9.1 billion in total assets through its registered investment adviser subsidiaries, Domain Capital Advisors, LLC and Domain Timber Advisors, LLC. Please refer to each registered investment adviser's most recent Form ADV for additional information. For more information, visit domaincapitalgroup.com.

About the NZ Super Fund

The New Zealand Superannuation Fund is a sovereign wealth fund established by the New Zealand Government to partially pre-fund the future cost of universal superannuation and reduce the burden on future taxpayers. A long-term, growth-oriented global investor, the Fund is managed by the Guardians of New Zealand Superannuation, an autonomous Crown entity. For more information, visit nzsuperfund.nz.