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Mayhew Asset Management Launches Global Timberland Fund

Wealthy Families and Smaller Endowments Can Now Invest Alongside Largest Institutional Investors

Business Wire
posted: 89 DAYS 13 HOURS AGO
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Mayhew Asset Management today announced the launch of the Mayhew Timber Fund I, LLC, a new and unique way for substantial investors to invest in global timberland.
The fund, with a minimum investment of $500,000, will invest directly in RMK Timberland Group’s Global Timberland Fund, which normally requires minimums of $5 million or more. RMK, a Timberland Investment Management Organization since 1981, invests in global timberland for clients that include Alcoa, Coca-Cola Enterprises, and the University of Alabama Foundation.
“I’ve searched for years for a good, cost-effective way for investors who can’t allocate millions of dollars to timberland to invest,” says Alison Peeler, owner of Mayhew Asset Management, which is the advisor to the new fund. “The Mayhew Timber Fund provides that access, at a cost only slightly higher than the largest institutional investors pay.”
The Mayhew Timber Fund will generate returns through RMK’s purchase of timberland, management of the forests, sale of the timber, and finally sale of the properties. It is anticipated that the properties will be located in South America, Eastern Europe, Africa, and the US.
“Timberland is a distinctive asset class, in that it isn’t dependent on the stock or bond markets,” Peeler said. “The trees grow, regardless. Another unique aspect of this fund is that it will be largely invested in overseas properties, where returns are excellent.”
The Mayhew Timber Fund I, LLC is offered directly from the investment advisor, Mayhew Asset Management, LLC. For more information, visit www.mayhewtimber.com.
Mayhew Asset Management, LLC manages investments for high-net-worth individuals and families and is a Registered Investment Advisor founded in 2003. Alison Peeler, owner of the firm, has been in the investment business for 22 years.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. This is neither an offer nor a solicitation to purchase securities.
Copyright Business Wire 2009
2009-11-12 14:46:00
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