The Hancock Timber Resource Group's ability to make informed portfolio construction and management decisions begins with its internal research team. Our research team consists of individuals experienced in economic and investment research, as well as in biological and forestry research. Together, this group comprises one of the most comprehensive research teams in the timberland investment industry.

Our research team:

Mary Ellen Aronow, CF, Senior Forest Economist, is responsible for performing economic research to support the business and forestry investment decisions of the Hancock Timber Resource Group. Mary Ellen has experience in industrial forest management, timberland investment and forest products marketing, with special interest in global markets and international trade. Before joining HTRG, she was an analyst with Timber-Mart South where she wrote quarterly timber market newsletters and reported on structural changes within the timberland industry. Mary Ellen received a B.S. in Forest Management from the University of Montana, and her M.S. in Forest Economics from the University of Georgia.  maronow@hnrg.com

Courtland L. Washburn, Ph.D., Managing Director and Chief Investment Officer, is responsible for Hancock Timber Resource Group's equity capital raising, client account management, and investment strategy and research. Court is a leading expert on the application of financial economic models to forest assets and timberland companies. His research has been published in numerous economics, finance and forestry journals. Court began his career at HTRG in 1990. He is a director of Hancock Victorian Plantations and Tiaki Plantations, and a member of the HNRG Natural Resource Investment Committee. Court holds an M.S. in Forest Policy from the University of California and a Ph.D. in Forest Economics from Yale University.  cwashburn@hnrg.com