2015 Timberland Investment Conference
2015 Archive
Timberland:
An Asset That Has Come Of Age
30 Years of Serving Timberland Investors
February 18th – 20th, 2015
The Ritz-Carlton, Amelia Island, FL
Conference Presentation Materials
(Password required, contact Bob Izlar at (706) 542-6819 or bizlar@uga.edu)
For travel planning and hotel booking, the Conference begins after lunch on February 18 and ends before lunch February 20. There will be an optional field trip of local forestlands hosted by Rayonier. Cost is $125.00 and includes breakfast and lunch. A draft agenda is now available.
The Center for Forest Business is pleased to announce the dates and location for the 2015 Timberland Investment Conference. The conference will be held at the Ritz-Carlton located on Amelia Island, Florida and will take place from February 18th – 20th, 2015.
The conference, as always, will cover a wide array of timberland investment topics and will focus on achieving investment efficiency in a market-oriented system, among other things. Participants will learn to make the most prudent timberland investment decisions involving the process of purchasing, managing and divesting a tract of timberland.
Conferences attendees will include public and private pension funds, private investors, family offices, fund of funds, REITs, endowments, Sovereign wealth funds, insurance companies, analysts, private consultants, large landowners, TIMOs, and forest product companies. This diverse attendance base offers participants the ability to learn about every facet of the timberland business and network with representatives from each of these various organizations.
For more information or questions, visit our website or contact Bob Izlar directly at (706) 542-6819 or bizlar@uga.edu
Past Conference Reviews
“The University of Georgia’s Center for Forest Business does a superb job attracting a diverse, relevant, and pragmatic group of speakers to its timberland investment conferences. Furthermore, these events attract a broad array of institutional investors, from the US and elsewhere, interested in the timberland asset class.”
–Chris Zinkhan – CEO, The Forestland Group
“TIR has been a supporter of the UGA timberland conferences over the years for a number of reasons. First, as a University, speaking engagements are granted based on the expectation that speakers will provide timely and informative educational materials for timberland investors – these conferences are not a series of sales pitches. As a consequence, the UGA conferences tend to be well attended and informative. Also, UGA conferences further the research and educational goals of the Warnell School of Forest Resources. As the leading Forest Finance university in the world, the research and educational programs produced by the university are critical. This mission is embraced by the timberland investment community and investors that are concerned about the long term strategic issues impacting the asset class. These conferences are a way for those professionals to network with industry leaders as well as their peers to learn about the latest developments in the industry.”
–Tom Johnson – Managing Director, Timberland Investment Resource
2015 Agenda
Continuing Forestry Education Category 1 credits have been approved as follows: Field Tour – 4 hours; Conference – 12.5 hours.
In addition, we have received approval for 14.5 CLE hours from the State Bar of Georgia and 14 hours of Real Estate/Appraisal/Reinstatement credit from the Georgia Real Estate Commission.
The Conference Schedule and social media links are available on the mobile device app Yapp.
- Download “Yapp” from the app store.
- Open the app. This will display a page with several different icons. Swipe to the left.
- Click the green “Get Started!” button at the bottom of the page.
- The app will open a page with two options: “I’ve Been Invited to a Yapp” or “I’ve Created a Yapp”.
- Choose the blue “I’ve Been Invited to a Yapp” option.
- This will redirect you to a page that has two boxes: “Your Name” and “my.yapp.us/Your ID”.
- Click in the “Your Name” box and type your first and last name
- Below the “Your Name” box, another box will appear that says “my.yapp.us/Your ID”. Click into this box and type “timber” in the Your ID secton- the ID is not case sensitive
- Click the blue “Go” button
- The 2015 Timberland Investment Conference app should appear on your Yapp page. Click on the red cover page and the app will open.
- Information: This tab includes general information about the conference, including location, date and a web link.
- Schedule: This tab outlines the daily agenda of the conference. Click the red > to the right for more information about each event on the schedule.
- News Feed: This tab allows attendees to type conference wide messages about the conference and their thoughts. It also allows the app admin to update the conference attendees to schedule and location changes.
- Gallery: This tab includes a full sponsor list, Ritz-Carlton map and Amelia Island map.
- Twitter: This tab is a live feed to the Harley Langdale, Jr. Center for Forest Business twitter account.
- Videos: This tab allows the conference administrators to video important components of the conference that they would like to share with all attendees.
Agenda Draft 2/26/2015
Download: Timberland Investment Conference Agenda 2-26-15
Tuesday, February 17th
7:30 a.m. – 9:00 a.m. Breakfast
9:00 a.m. – 4:00 p.m. Rayonier Optional Field Tour
5:00 p.m. – 7:00 p.m. Conference Registration Open
Wednesday, February 18th
10:00 a.m. – 5:00 p.m. Registration – Talbot Prefunction
1:30 p.m. – 2:00 p.m. Introduction and Welcome – Talbot A-D
- Moderator: Bob Izlar – Director, Harley Langdale, Jr. Center for Forest Business, University of Georgia
- Dale Greene – Interim Dean, Warnell School of Forestry & Natural Resources, University of Georgia
- Tom Harris, Jr. – Professor, Harley Langdale, Jr. Center for Forest Business and Publisher, Timber Mart-South – Adventures and Misadventures in Timberland Investing, 1492-2014
2:00 p.m. – 3:00 p.m. Session 1 – Investment Outlook 1 – Talbot A-D
- Moderator: Tom Harris, Jr.
- David Nunes – President and CEO, Rayonier – Historical Perspective and Future Investment Outlook
3:00 p.m. – 3:30 p.m. Break – Talbot Prefunction
3:30 p.m. – 5:30 p.m. Session 2 – What will the investing landscape look like in 2030? – Talbot A-D
- Moderator: Dr. Mike Clutter – Vice President and Director of Research & Investment Strategy, Forest Investment Associates
- Rob Olszewski – Vice President, Environmental Affairs, Plum Creek
- Chris Zinkhan – Managing Director, The Forestland Group, LLC
- Victor Haley – Partner, Sutherland
- Tom Johnson – Managing Director, Client Service and Business Development, Timberland Investment Resources
6:00 p.m. – 7:00 p.m. Reception – Ocean Front Lawn
7:00 p.m. – 9:30 p.m. Buffet Dinner – Talbot E-H
Thursday, February 19th
7:00 a.m. – 8:00 a.m. Breakfast – Talbot E-H
7:00 a.m. – 8:00 a.m. Warnell Alumni/Supporters Breakfast
- Led by Andy Barrs, Principle Centered Investments and Brian Stone, Forest Resource Consultants – Cumberland
8:00 a.m. – 11:00 a.m. Session 3 – The Economic Landscape – Talbot A-D
- Moderator: Marshall Thomas – President, F&W Forestry Services, Inc. and Former Harley Langdale, Jr. Center for Forest Business Advisory Committee Chair
- Danielle DiMartino Booth – Senior Financial Analyst & Advisor to the President, Federal Reserve Bank of Dallas – Federal Reserve Bank of Dallas Presentation
- Mark Vitner – Managing Director, Senior Analyst, Wells Fargo – S. Economic Outlook
- Duncan Davies – President and CEO, Interfor – Why the South?
- Joe Hopkins – President, Forest Landowners Association – Sustainability: Forest Landowners and Markets
9:30 a.m. – 10:00 a.m. Break – Talbot Prefunction
11:00 a.m. – 12:00 p.m. Session 4 – Investment Outlook 2 – Talbot A-D
- Moderator: Dr. Bret Vicary – Vice President, Forestry and Natural Resources, James W. Sewall Company
- Jerry Barag – President and CEO, CatchMark Timber Trust – Catchmark Timber Trust Presentation
- Rocky Goodnow – Vice President, North American Timber Service, Forest Economic Advisors – A Look Forward at North American Timber Demand and Supply
12:00 p.m. – 1:30 p.m. Lunch – Talbot Colonnade
1:30 p.m. – 3:00 p.m. Session 5 – Financing Timberland Investments – Talbot A-D
- Moderator: Stephen Schrock – Partner, Thompson Hine LLP
- Brian Rubins – Partner, TerraVista Consulting
- Whit Hill – Managing Director, John Hancock
- Kirk Purvis – National Director, MetLife
- Linton Elliott – Director, BMO Harris Bank
- Rachelle Schlesinger – Principal, Prudential
- Michael Mancini – Vice President, AgFirst Farm Credit Bank
3:00 p.m. – 3:30 p.m. Break – Talbot Prefunction
3:30 p.m. – 5:30 p.m. Session 6 – Market Changes – Talbot A
- Moderator: Clarence Neese – Vice President, Orbis, Inc.
- Tony Cascio – Senior Vice President, Investments, Resource Management Service – An Evergreen Timberland Fund – The time has come
- Bob Flynn – Director, International Timber, RISI – Thirty Years of Tracking Forest Products Trade Flows: What Has Changed, and What Big Changes Are Coming?
- Jim Hourdequin – Managing Director, The Lyme Timber Company – US Timberland Risk and Reward in Today’s Compressed Discount Rate Environment
3:30 p.m. – 5:30 p.m. Session 7 – Regulatory Issues – Talbot D
- Moderator: Greg Corbin – Partner, Stoel Rives LLP
- Deb Hawkinson – President, Forest Resources Association – 2015: New Congress Brings New Opportunities
- Scott Jones – CEO, Forest Landowners Association – How and Who will define Sustainability for Forests?
- Bill Lawrence, III – Chairman, Superior Pine Products Company – Perspective on Private Investor Concerns
- Chip Murray – Vice President for Policy and General Counsel, National Alliance of Forest Owners – Water Quality Regulations
- Jeffrey Selser and Brian van Eerden – Partner, Verrill Dana LLP and Southern Rivers Program Director, The Nature Conservancy – Working Forest Conservation Easements: Solutions for Making Them Actually Work
6:30 p.m. – 7:30 p.m. Reception – Talbot Colonnade
7:30 p.m. – 10:00 p.m. Banquet – Talbot E-H
Friday, February 20th
7:00 a.m. – 8:00 a.m. Breakfast – Talbot E-H
8:00 a.m. – 9:00 a.m. Session 8 – Investment Outlook 3 – Talbot A-D
- Moderator: William Miller, III – Chair, Harley Langdale, Jr. Center for Forest Business Advisory Committee and Vice President of Forest Operations, F&W Forestry Services, Inc.
- Rick Holley – CEO, Plum Creek – Plum Creek Presentation
9:00 a.m. – 10:20 a.m. Session 9 – How Different are Timberland and Timberland Markets? – Talbot A-D
- Moderator: Tom Harris, Jr. – Professor, Harley Langdale, Jr. Center for Forest Business and Publisher, Timber Mart-South
- Jon Caulfield – Director of Research, BTG Pactual – Timber, Commodities, Timberland and Other Real Assets
- Jack Lutz – Principal and Forest Economist, Forest Resource Group – What Makes Timberland Different?
- Jacek Siry – Professor, Harley Langdale, Jr. Center for Forest Business – Is Timber a Commodity?
10:20 a.m. – 10:40 a.m. Break – Talbot Prefunction
10:40 a.m – 11:45 a.m. Session 10 – Legal Issues – Talbot A-D
- Moderator: C. Glenn Dunaway – Morris, Manning & Martin, LLP
- Tom Herman – Partner, Sutherland – Foreign Investment in U.S. Timberlands: Recent Legal Developments
- Glenn Dunaway – Partner, Morris, Manning & Martin, LLP
- Aldo de Cresci – Partner, GCN/Gasparini, De Cresci e Noguiera de Lima Advogados – Political Changes in Brazil – Brazilian Agricultural Policy on Planted Forests and Relevant Themes
11:45 a.m. – 12:00 p.m. Concluding Remarks, Talbot A-D
- Dale Greene – Interim Dean, Warnell School of Forestry and Natural Resources
12:00 p.m. Adjourn
Please join us back at the Amelia Island Ritz March 1-3, 2017!
2015 Forestland Tour
There will be an optional field trip of local forestlands hosted by Rayonier. Cost is $125.00 and includes breakfast and lunch.
Rayonier Forestland Tour February 17, 2015
*Please note stops could change due to weather and/or harvest site options
Tour Stops:
1. 7:45-8:45 Breakfast – Salt Restaurant, Ritz
2. 8:45-9:00 Load buses and depart to Rayonier Nassau Forest
3. Southern Pine Plantation Life Cycle and Capital Improvements
a. Site Preparation
b. Capital Improvements- Competition Control, Fertilization
c. Impacts to Site Index, Volume, and Product Mix
d. Impacts to Next Rotation
4. Progeny Test Site
a. Tree Improvement Process
b. Mass Pollination
c. Genotype comparisons
5. Timber Harvesting Operation
a. Site Specifics- Stand Silviculture History, Site Index, Basal Area
b. Utilization and Merchandising
c. Timber Markets
d. Mobile Load Management
6. Lunch @ Crandall Pavilion on the St Mary’s River
a. Rayonier will provide lunches
b. If Time– Value-Added Businesses and Contribution to Bottom Line
7. Real Estate Discussion – Crandall Bluffs
a. Real Estate Strategy- High Level Review
b. Market-Based Approach for Creating Value
c. Coordination with Forestry Activities
d. Entitlement Process & Current Progress– Bryan County, Crawford Diamond, ENCPA
e. Uniqueness of East Nassau Properties
8. Wood Receiving & Chipping @ Mill Facility
a. Log Truck Unloading
b. De-barking
c. Chipping
9. 3:15 Tour Concludes- Return to Ritz Carlton
Download Forestland Tour
2015 Venue & Lodging
The 2015 conference will take place at the The Ritz-Carlton, Amelia Island, FL. This beach resort features several restaurants, a spa, tennis facilities, a fitness center, an 18-hole golf course and, of course, easy access to a beautiful ocean beach.A dedicated booking website has been created so attendees can make, modify, and cancel their hotel reservations or purchase select room upgrades. | ||
Please secure your reservations no later than January 21, 2015
Room Reservation Link: The Ritz-Carlton, Amelia Island Reservations
For guests who prefer to call in to make their reservation, the Ritz-Carlton, Amelia Island has a dedicated group desk available to accommodate you. Please call 866-763-2960 and reference the group name University of Georgia-Timberland Investment Conference when making reservations.
In addition, the Ritz-Carlton has regular-rate rooms available in the following configurations:
Club Coastal View -$589.00 per night
Club Ocean View -$639.00 per night
Ocean Front Suite- $589.00 per night
For attendees that prefer to call in to make their reservation via phone, the Ritz-Carlton, Amelia Island has a dedicated group desk available to accommodate you at 866-763-2960. Please reference the group name University of Georgia – Timberland Investment Conference when making reservations.
As of January 12, the Ritz-Carlton, Amelia Island is full.
Please use one of the alternatives listed below.
Google Map: Hotels of Amelia Island
Residence Inn Marriot – 904-277-2440, 866-245-609
Rates: Approximately $119 and up/night
A sister property of the Ritz-Carlton. This hotel is located 3 miles north and provides a complimentary shuttle to the Ritz-Carlton.
Ocean Place Condos – 904-277-0905, 800-862-9297
Rates: Vary
Located across the lawn from the Ritz-Carlton.
The Omni – 904-261-6161
Rates: $199 and up/night
Located 3 miles south of the Ritz-Carlton
Amelia Hotel at the Beach/Amelia Hotel & Suites– 904-261-5735, 904-206-5600, 877-263-5428
Rates: Approximately $70 and up/night
Located 3 miles north of the Ritz-Carlton
Days Inn & Suites – 904-277-2300
Rates: Approximatley $ 116 and up/night
Located 3 miles away from the Ritz-Carlton
Hampton Inn at Fernandina Beach – 904-321-1111
Rates: Approximately $89 and up/night
Located 3 miles north of the Ritz-Carlton
Elizabeth Point Lodge – 904-277-4851
Rates: Approximately $320 and up/night
Located 5 miles north of the Ritz-Carlton
Amelia Oceanfront B & B – 904-430-0026
Rates: Approximately $140 and up/night
Located 5 miles north of the Ritz-Carlton
Seaside Amelia Inn – 904-206-5300, 866-866-4535
Rates: Approximately $150 and up/night
Located 5 miles north of the Ritz-Carlton
Hampton Inn & Suites Historic Harbor Front -904-491-4911
Rates: Approximately $195 and up/night
Located 7 miles northwest of the Ritz-Carlton
The Amelia Island Williams House B & B – 904-277-2328, 800-414-9258
Rates: Approximately $175 and up/night
Located 7 miles northwest of the Ritz-Carlton
The Hoyt House B & B – 904-277-4300, 800-432-2085
Rates: Approximately $230 and up/night
Located 7 miles northwest of the Ritz-Carlton
2015 Getting There
The Ritz-Carlton, Amelia Island, is located 35 miles north of Jacksonville, on a beautiful Florida barrier island.
Map & Directions
View 2015 Timberland Investment Conference in a larger map
Directions:
Jacksonville International Airport – 30 minutes
- I-95 North, travel approximately 7 miles to exit 373, Amelia Island/Fernandina Beach/Callahan Exit.
- Right onto A1A (SR 200) East
- Travel east on A1A … 9.6 miles to the Thomas J. Shave Bridge
- Cross Intercoastal Waterway and travel 3/4 of a mile to first traffic light
- Turn right at light onto Amelia Island Parkway
- Travel 2.5 miles to fork in road
- Veer left at fork and travel 1.5 miles to traffic light
- Cross through intersection traveling 3/10 of a mile
- Resort is on the left
For directions from other locations and further information see: Ritz-Carlton, Amelia Island, Map & Directions–>
2015 Media & Press
July 21, 2013: Southem
Podcast: Bob Izlar on the CFB 2015 conference
January 10, 2013: Southem
Podcast: Bob Izlar on the Timber Investment Conference 2013
2015 Sponsorship Information
Platinum Level Sponsorship is $10K and includes:
- 2 registrations
- Exhibit booth
- Your logo on all our conference web pages
- Your logo very prominently displayed on all conference sponsor banners, signs, materials and post conference materials
- One page insert in conference notebook
Gold Level Sponsorship is $5K and includes:
- 1 registration
- Exhibit booth
- Your logo prominently displayed on the conference website, home page and on all conference sponsorship banners, sign, conference materials and post conference materials
Silver Level Sponsorship/ Friends of the Center for Forest Business is $1k to $5k and includes:
- Your logo in on-site conference materials
Call or email Bob Izlar for details at 706.542.6819; bizlar@uga.edu
All Sponsorship funds are managed by the Center for Forest Business and are used for:
- Continued growth of the Center for Forest Business
- Graduate student assistantships
- Faculty Development