Rigorous advisory for a complex asset class.

Natural capital investing demands deep domain expertise. We provide the analytical foundation and strategic guidance that investors need to act with confidence.

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Where capital meets nature-based opportunity.

Rainshadow Advisors helps investors identify, underwrite, and develop high-integrity sustainable investments with trusted partners across working landscapes.

01

Natural capital investment

End-to-end advisory on deploying capital into ecosystem assets — forest/timber, carbon, water, and beyond.

02

Nature-based underwriting

Due diligence, risk modeling, and credit assessment tailored to the unique dynamics of nature-based assets.

03

Investment development

Structuring, origination, and stakeholder alignment to bring investable natural capital projects to market.


The person behind the work

Kelly Droege
Kelly Droege
Principal

Kelly Droege is a natural capital investment professional with more than 22 years of experience in forestland investment, specializing in underwriting, investment strategy, asset management, and investor advising.

As Co-Founder and Managing Partner of Chinook Forest Partners, Kelly helped build the firm from inception into a forestland investment platform supporting more than $1 billion in assets under management. Prior to that, he worked with International Woodland Company, a Copenhagen-based global forestland investment advisor, where he managed investor portfolios across North and South America, Europe, Africa, and Russia.

Kelly brings deep expertise across the full investment lifecycle — acquisitions and dispositions, due diligence, financial modeling, valuation, and investor reporting — with extensive experience integrating carbon and conservation considerations into investment analysis.

Education
M.F., Yale School of the Environment
B.S. Environmental Science, University of Oregon

Depth you can rely on

$3B+
Overseen, underwritten, and managed across natural capital portfolios
20+
Years of experience in natural capital markets

Ready to explore natural capital?

We work with a select number of clients each year. Let's find out if there's a fit.

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