Eastwood Forests has deployed slightly more than half of its debut fund through deals that have included acquisitions in Costa Rica, Panama and Canada. North Carolina-headquartered Eastwood announced its acquisition of 14,500 ha of northern Vancouver Island timberland from Western Forest Products for $69.2 million in February. …Eastwood VP for transactions Prab Dahal said “Western has done a good job in managing the forests but our philosophies are slightly different in that we probably would not have as much openings and as much clear-cuts as Western did in the past,” said Dahal. …“It has more versatility than the typical natural forest that we look for elsewhere,” said Dahal. “We can manage this purely for carbon and still do good, or manage purely as a plantation and continuously manage with a harvesting level that is sustainable and can do good, financially, for our investors.” …Eastwood was established in 2022.