This research details the concerns and requirements of investment managers considering international timberland investments. It also summarizes investor questions with respect to considering timberland investments in an emerging timberland market, in this case Colombia. Twenty (20) senior managers and investors across thirteen (13) firms and institutions involved in executing timberland investment strategies were interviewed. Respondents differ somewhat in how they identify and evaluate international investment risks. In part, these differences reflect alternate client objectives and differences in the experience and strategies of the TIMOs themselves. In addition to the need for available timberlands for investment purposes, key requirements for international investments highlighted across interviewees included country economic and political stability; available and growing markets for wood; and respect for and enforceability of contracts and property rights.