The Lyme Timber Company is a New Hampshire Limited Partnership organized in 1976 to invest in timberland and rural real estate for its own account and in partnership with other investors. Lyme specializes in the acquisition and sustainable management of large forestland tracts. An important part of Lyme’s forestland investment strategy is to seek out properties with high conservation value, often in partnership with non-profit conservation organizations or government agencies. By working to identify and realize value from conservation opportunities—usually by selling restrictions on use that protect the land’s ecological and social values—the Company enhances risk-adjusted returns on its forestland portfolio. The Company has extensive experience managing and operating timberland throughout the Northeast, Appalachian region, and Lake States of the US.

Lyme's experience in the conservation niche led to the creation in 1992 of an affiliated consulting business, LTC Conservation Advisory Services.

Starting in 1993, the Company's business expanded to include investment in and development of commercial real estate. Lyme Properties, the Company’s commercial real estate arm, was the largest life sciences property developer in New England and the third largest in the United States. Lyme Properties specialized in the acquisition, development, and leasing of first-quality life science and mixed use properties located in prime educational, research, and medical centers. The business was led by David Clem, Bob Green, and George Lightbody, and was sold in a series of transactions culminating in 2007.

In 2002, in order to provide its investors with a dedicated way to invest in forestland, the Company organized the Lyme Northern Forest Fund L.P. (LNFF) as the Company’s exclusive vehicle for forestland investment. The investment period for the LNFF was completed in 2005. Subsequently, in January 2006, Lyme closed a new dedicated forestland investment fund, The Lyme Forest Fund, L.P. (LFF). The LFF is currently Lyme’s sole vehicle for new forestland investment. Both LNFF and LFF are closed to new investors. LNFF and LFF currently own land in New Hampshire, New York, Pennsylvania, Maine, Virginia, Delaware, Tennessee, and Massachusetts. See Current Holdings for a description of LNFF and LFF investments.

General management of The Lyme Timber Company is vested in Stuart J. McCampbell, Peter R. Stein, Thomas Morrow, and James W. Hourdequin