
Above: Recently harvested saw logs from Lyme's Clarion Timber Company lands.
Banner Photo: Northern hardwood stand on Lyme Adirondack Forest Company lands in the Adirondacks, New York.
Key Investment Strategies
Lyme follows a disciplined and value-oriented investment strategy with the goal of achieving superior risk-adjusted returns. Lyme is recognized as a leader in the field of conservation investment and sustainable forest and land management.
A key component of Lyme's 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 conservation easements or fee interests to public agencies, the Company has achieved attractive financial returns while also protecting the ecological and social value of undeveloped lands.
Core Timberland
Lyme acquires large timberland properties with unique conservation values and then seeks to sell conservation interests early in the investment cycle. Lyme adds value through the use of advantageous financing and operational restructuring. Investment returns come from a combination of operating income derived from timber harvesting and recreational leasing and capital events including the sale of conservation interests and the final sale of the property.
High Priority Conservation Lands
Lyme acquires timberland, ranchland, agricultural land, and other undeveloped properties that are threatened by development activities. Working in partnership with conservation organizations, Lyme seeks to sell conservation easements and/ or fee interests that protect conservation values. Investment realizations are generated from the sale of conservation interests and/or limited development rights.
Mitigation Banking
Focusing on mitigation opportunities in locations with inefficient mitigation credit markets, Lyme acquires properties that are suitable for the development of wetland, endangered species, and other mitigation banks. Lyme generates investment returns through the sale of mitigation credits and conservation interests to qualified infrastructure and real estate development projects.
Emerging Conservation Investment Opportunities
Lyme may pursue investments in emerging conservation investment opportunities such as carbon sequestration, wind power leases, water resource protection credits, and biomass and alternative energy supply agreements. Lyme seeks to mitigate risk by working closely with NGOs and public agencies that have an interest in facilitating the development of these markets.

