Resources created and curated to support the growth of impact investing, for those new to the field and for experienced practitioners.
An Annual Showcase of Impact Investment Fund Managers
EFM is pioneering climate-smart forestry for a carbon-constrained future. We are a real asset investment manager that invests in working landscapes, including forests, farms, and ranches across the western United States to create long-term financial value and enduring social and environmental impact. We have $130M in AUM and since our founding in 2004, we have transitioned more than 100,000 acres of forestland to FSC-certified, climate-smart forest management in Oregon, Washington, and California. Our management is certified by the Forest Stewardship Council (FSC) and our forests are managed to produce a full range of goods and services - logs for mills, clean water for communities, carbon sequestration and biodiversity – for the benefit all our stakeholders. Our team has deep local experience in forestland investment and management, finance, tax credits, and environmental markets. EFM is proud to be a top 50 Impact Fund Manager since 2012 and among the top 10% of BCorps globally since 2013.
EFM believes that climate-smart strategies are the future of real asset investing in a carbon constrained future. Over a decade, we have developed climate-smart approaches to investing in natural forests that considers traditional markets for timber and biomass, but also identifies and monetizes often over-looked conservation, cultural and environmental assets can create enduring value for investors and society.
The natural forests of the western U.S. have unique social, environmental and cultural dimensions that are largely ignored by traditional investment approaches and this creates opportunities for differentiated investment and management strategies. Forestland is a largely mature asset class, but conservation finance opportunities create an avenue for forestland owners to access previously untapped revenue streams while also generating public benefit. EFM acquires assets that are largely overlooked by conventional investors because of their unique operational, environmental, or social attributes—targeting landscapes that will benefit from our management strategies and conservation finance expertise. We specialize in the use of tools like conservation easements, carbon offsets, tax credits and recreational permits that can monetize the value of standing trees, and our climate-smart management approaches are designed to generate sustainable levels of timber income while growing and restoring forest health.
In 2015 EFM had the privilege to facilitate a significant private land repatriation to the Coquille Indian Tribe. The purchase of 3200 acres (called the Sek-wet-se property) by the Tribe not only restored a critical part of the Tribe's ancestral homeland, but significantly improved wildlife habitat by connecting the property to the adjacent wilderness areas in the Siskiyou National Forest. EFM acquired the property in 2006 after its acquisition filters highlighted the landscape significance of the property, the cultural heritage, and the unique habitat for the northern spotted owl, marbled murrelets and importance to salmonids. EFM brought this industrially managed property under its FSC Certified management plan and began the process of forest restoration, which will be continued by the Coquille Tribe, who is also an FSC certified Manager. The financial return on this investment was largely driven by biological tree growth, tax incentives and fundamental growth in demand for PNW lumber. EFM's funds play a critical bridging role in the conservation landscape by partnering with Tribes, conservation groups, communities and public agencies to restore forestland into long-term, local ownership.
Bettina von Hagen – CEO More Info
Bettina helped launch EFM and joined the company as CEO in 2008. Bettina has spent the past 30 years working to promote economic viability, social equity, and environmental health in the Pacific Northwest with a particular focus on forestry. A former vice president of Ecotrust’s Natural Capital Fund and commercial banker, Bettina has over 30 years of experience in banking, impact investing, and fund management. She also has significant expertise in ecosystem service markets, particularly the forest carbon market, where she is involved in developing protocols for forest carbon projects at the state and federal levels.
Chris Sweeney – COO More Info
Chris leads the day-to-day operations of the Management Company and its Funds including finance, accounting, tax, valuation, financial reporting, investor reporting, compliance and office operations. He has 30 years of experience in the financial services and investment industry most recently as Chief Operating Officer at Prime Buchholz, an institutional investment advisor headquartered in the greater Boston area. Prior to Prime Buchholz, Chris served as Chief Financial Officer and Treasurer of World Learning, Inc., a global education organization, and held several executive roles at State Street Global Advisors and State Street Corporation.
Amrita VK Vatsal – Managing Director More Info
Amrita joined EFM in 2011 and is a member of EFM’s management team. In this role, she shapes the company’s growth and impact investment strategies managing new product development, fund structuring and investor recruitment. Additionally, as a member of the investment committee, she contributes to property sourcing, transaction structuring, conservation finance, and carbon project development. Prior to EFM, Amrita was an Assistant Manager with Pricewaterhouse Coopers in Singapore for 5 years and she subsequently cultivated a passion for financing the growth of environmental business while working for Piper Jaffray’s clean-tech banking group.
Percentage of Total Assets Under
Management that are Impact Investments:
Since investments are real property investments, our due diligence process ensure that that land can be viably managed using environmentally sustainable practices that are FSC Certified (Forest Stewardship Council).