The Forest Company announces the appointment of Vielcka Dutt.

Apr 18, 2011 16:11

St Peter Port, Guernsey, Monday 18^th April 2011 - The Forest Company Limited ("The Forest Company" or the "Company"), a closed-ended investment company with an indefinite life incorporated and registered in Guernsey, announced the appointment of Vielcka D. Dutt to the position of Investor Relations Manager.  Ms. Dutt joins the Company to focus on working with both existing and prospective investors

Ms. Dutt brings significant experience and knowledge to the role, having developed and maintained relationships across a variety of sectors, geographies and products throughout her career.  Prior to joining The Forest Company, Ms. Dutt spent four years as a Vice President in Bank of America Merrill Lynch's Latin American Institutional Equity Sales Division.  In that role, she was originally responsible for maintaining relationships with Portfolio Managers and Analysts at some of the firm's most valued clients, and later identified and developed new relationships with a variety of institutional asset managers through providing them with investment perspective and recommendations on stocks, sectors, and regional markets.  She was consistently called upon to provide the firm's clients with in-depth analytical profiles of investment opportunities that relied on an understanding of global macro and valuation trends.  Previously, Ms. Dutt was with Palladium Equity Partners, where her primary responsibility was analyzing existing and prospective private equity investments, and Trust Company of the West, where she focused on the firm's Latin American private equity portfolio.  Ms. Dutt began her career in the Investment Banking Division of J.P. Morgan & Co.  Ms. Dutt received an MBA from The Amos Tuck School of Business at Dartmouth College, a BA in International Relations from Wellesley College, and is fluent in both English and Spanish.

We welcome Vielcka. Vielcka can be reached at +1 441 295 4736 or vdd@theforestcompany.se

For additional information, please contact:

Sally-Anne Baron, Timber Capital Limited + 1 441 295 4737

Erik Nilsson, JKL Group: +46 (0)8 696 12 44  

About The Forest Company:

The Forest Company is a vehicle that combines socially and environmentally responsible forestry investment with unique potential for stable and attractive returns through the participation in the value chain of competitive and sustainable industries.

The Forest Company Limited ("The Forest Company" or the "Company") is a closed-ended investment company, incorporated and registered in Guernsey, since 2007 in order to take advantage of investment opportunities in trees, timberland and timber related assets. The Company focus on forest plantations in areas with high biological growth rates, such as Brazil, Colombia and its neighbouring countries. In March 2008, the Company raised USD 50 million in equity capital in a private placement to institutional investors. In May 2010 the Company raised a further USD 126 million through the same means. The Company's committed the initial capital to the first two investments, both located in Brazil and has since committed further capital to investments in Colombia and Brazil.

The Company aim to build a diversified timberland portfolio in terms of age, class and species that is intended to maximise the risk/return profile. The Company believe that this approach will generate both long-term capital appreciation for Shareholders and an attractive and sustainable income yield.

Timber Capital Limited is the investment manager to The Forest Company.

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Securities may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act. There will be no public offer of securities in the United States. No offer is directed at individuals whose participation would require additional prospectus, registration or other measures beyond those prescribed by Swedish law, or would violate applicable rules in such countries. Any Prospectus or application form relating to any offer, may not be distributed in any country in which the distribution of an offer or any offer itself requires measures as outlined above, or are contrary to the regulations in such countries.

The Forest Company announces the appointment of Vielcka Dutt.