New global head of Timberland Investments for HNRG
Friday 15 May 2020Hancock Natural Resource Group (HNRG), a Manulife Investment Management company, has announced Tom Sarno as Global Head of Timberland Investments, effective immediately. Previously Mr. Sarno was Senior Managing Director, Head of Timberland and Farmland Property Management Operations at HNRG. He joined HNRG in 2004.
In his new role, Mr. Sarno will have oversight of HNRG’s timber business strategy – an integral part of Manulife Investment Management’s private markets platform. Mr. Sarno’s responsibilities include: Acquisitions and Dispositions, Resource Planning and Analysis, Client Account Management, Economic Research, and Property Management.
Mr. Sarno’s appointment reflects his extensive experience in timber investments and operations. He will continue in his role as a member of the HNRG Executive team and report to William Peressini, Chief Executive Officer, HNRG.
About Hancock Natural Resource Group
Hancock Natural Resource Group (HNRG) is part of Manulife Investment Management’s comprehensive Private Markets platform, which includes Private Equity and Credit, Infrastructure, Real Estate, Timber and Agriculture. HNRG’s timber division manages approximately 5.6 million acres of timberland across the United States and in Canada, New Zealand, Australia, and Chile. HNRG’s agricultural investment group oversees approximately 400,000 acres of prime farmland in major agricultural regions of the United States and in Canada and Australia.
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