The divested assets have undergone more than a decade of active and sustainability‑driven forest management. During the ownership period, CapMan Natural Capital implemented operational improvements, secured FSC® certifications across the portfolio and enhanced commercial value through long-term wood supply agreements and opportunities related to renewable energy.

“We are pleased that the process with Inter IKEA Group was smooth, professional and concluded quickly,” says Sami Veijalainen, Partner at CapMan Natural Capital. “Following the successful execution of the assets’ value creation strategies, we are happy to return funds to our investors in line with the Fund’s target returns.”

As CapMan Natural Capital exits these assets, the team continues in the Baltic region through its fourth main fund, the CapMan Dasos European Forest Fund IV, which held its first close in December. The close of the Inter IKEA Group transaction coincides with the beginning of a new investment cycle for the team, allowing CapMan Natural Capital to continue its long-term strategic presence in Latvia and Lithuania and maintain its role as a major independent forest owner in Europe.

“With Dasos Fund IV now launched, we are well positioned to continue our work in these regions,” says Jyri Hietala, Managing Partner at CapMan Natural Capital. “The close of the previous fund’s assets supports the natural progression into a new investment cycle, where we aim to deploy capital in high-quality forests that offer both long-term value creation and tangible natural capital outcomes.”

For more information, please contact:

Sami Veijalainen, Partner, CapMan Natural Capital, +358 40 516 5794

The post CapMan Natural Capital completes divestment of Baltic forest portfolio to Inter IKEA and continues with new European Forest Fund IV appeared first on Dasos Capital.

The CapMan Dasos European Forest Fund IV is a closed-ended forestry fund targeting long-term value creation through active, sustainable management of European forest assets. The Fund aims to deliver a net internal rate of return of more than 8% by investing in high-quality European forest assets, where active management can unlock additional value beyond biological growth.

The Fund’s investment strategy focuses on building and operating a diversified portfolio of forest assets primarily in Northern Europe, UK and Ireland. These markets are characterised by established sustainable forestry practices, transparent legal frameworks and opportunities for hands-on value creation through active asset management and additional sustainability measures.

“CapMan Dasos European Forest Fund IV builds on our long-standing experience in forestry and our belief that active asset management is essential to unlocking the full value of forests,” says Jyri Hietala, Managing Partner at CapMan Natural Capital. “Beyond steady biological growth, forests increasingly generate additional value as natural capital attributes such as carbon sequestration, biodiversity and land-use optionality are recognised and monetised.”

By combining sustainable forestry operations with measurable climate and biodiversity benefits, the Fund aims to deliver clear impact while potentially realising additional financial value. In addition to wood production, the Fund will collaborate with renewable energy developers to explore renewable energy projects on forestland where appropriate, further enhancing long-term returns while supporting the green transition.

Following CapMan Natural Capital’s established stewardship framework, management of the Fund will have a strong emphasis on sustainable forestry practices, forest certification standards and nature-based solutions. CapMan’s local operating partners and deep regional expertise will play a central role in sourcing assets, executing value-creation initiatives and managing stakeholder relationships across target markets.

“Our investment team has delivered strong results over the years and brings deep experience in the European forestry investments,” says Tapani Pahkasalo, Co-Managing Partner at CapMan Natural Capital. “This experience positions us to deploy capital effectively and to pursue both financial performance and long-term natural-capital outcomes across the Fund’s investments.”

The Fund is structured as an SFDR Article 9 product, committing to sustainable investments. Its sustainable investment objective is aligned with the EU Taxonomy, targeting climate change mitigation. The Fund invests exclusively in FSC or PEFC certified, or certifiable, forests, with a goal of achieving certification for 100% of its assets. Science-based monitoring ensures that carbon stocks, biodiversity metrics, and social indicators are tracked, providing quantifiable environmental and social impact alongside financial returns.

For more information, please contact:

Jyri Hietala, Managing Partner, CapMan Natural Capital, +358 40 359 3566

The post CapMan Natural Capital announces first close of European Forest Fund IV appeared first on Dasos Capital.

After over a decade of active forest management, the portfolio has reached a mature stage in its value creation cycle. Throughout the ownership period, CapMan Natural Capital implemented a comprehensive programme of sustainable forest management and operational improvements that strengthened the condition, productivity and long-term resilience of the forests. As part of this work, the forest areas in both Latvia and Lithuania were certified in accordance with an internationally accredited system, the Forest Stewardship Council (FSC®). CapMan Natural Capital also enhanced the commercial profile of the assets by negotiating wood-supply agreements and identifying opportunities related to renewable energy.

“We are pleased with the successful results achieved through our active and sustainability-driven management of these forests. The value created over the past decade reflects the strength of our approach and the commitment of our team. We thank Inter IKEA Group for the professional process and wish them continued success in developing these assets responsibly,” says Sami Veijalainen, Partner at CapMan Natural Capital.

Bruno Mariani Piana, Global Forest Investments Manager at Inter IKEA Group, comments: “This investment further strengthens our commitment to responsible forest management and locally sourced raw materials. By managing forestland responsibly and increasing regional wood processing in the Baltics, we aim to support local economies, collaborate with communities, and maintain healthy forests for generations to come.”

The closing of the transaction is expected during the first half of 2026 and is subject to regulatory approvals. The investment is projected to deliver returns above the Fund’s target level, supporting strong overall returns to investors. After the transaction CapMan Natural Capital manages in total ~215 000 hectares of land and will continue as one of the largest independent forest owners in the European Union, with operations in eight countries.

CapMan Dasos Sustainable Forest III (non-UCITS) is open quarterly for new subscriptions and CapMan Natural Capital’s European Forest Fund IV is targeting to hold the first closing by the end of 2025. Sustainability, the delivery of measurable natural-capital outcomes, active value creation and disciplined risk management remain central to the team’s investment strategy.

For more information, please contact:

Sami Veijalainen, Partner, CapMan Natural Capital, +358 40 516 5794

The post Dasos Timberland Fund II exits forest assets to Inter IKEA Group appeared first on Dasos Capital.

After over a decade of active forest management, the portfolio has reached a mature stage in its value creation cycle. Throughout the ownership period, CapMan Natural Capital implemented a comprehensive programme of sustainable forest management and operational improvements that strengthened the condition, productivity and long-term resilience of the forests. As part of this work, the forest areas in both Latvia and Lithuania were certified in accordance with an internationally accredited system, the Forest Stewardship Council (FSC®). CapMan Natural Capital also enhanced the commercial profile of the assets by negotiating wood-supply agreements and identifying opportunities related to renewable energy.

“We are pleased with the successful results achieved through our active and sustainability-driven management of these forests. The value created over the past decade reflects the strength of our approach and the commitment of our team. We thank Inter IKEA Group for the professional process and wish them continued success in developing these assets responsibly,” says Sami Veijalainen, Partner at CapMan Natural Capital.

Bruno Mariani Piana, Global Forest Investments Manager at Inter IKEA Group, comments: “This investment further strengthens our commitment to responsible forest management and locally sourced raw materials. By managing forestland responsibly and increasing regional wood processing in the Baltics, we aim to support local economies, collaborate with communities, and maintain healthy forests for generations to come.”

The closing of the transaction is expected during the first half of 2026 and is subject to regulatory approvals. The investment is projected to deliver returns above the Fund’s target level, supporting strong overall returns to investors. After the transaction CapMan Natural Capital manages in total ~215 000 hectares of land and will continue as one of the largest independent forest owners in the European Union, with operations in eight countries.

CapMan Dasos Sustainable Forest III (non-UCITS) is open quarterly for new subscriptions and CapMan Natural Capital’s European Forest Fund IV is targeting to hold the first closing by the end of 2025. Sustainability, the delivery of measurable natural-capital outcomes, active value creation and disciplined risk management remain central to the team’s investment strategy.

For more information, please contact:

Sami Veijalainen, Partner, CapMan Natural Capital, +358 40 516 5794

The post Dasos Timberland Fund II exits forest assets to Inter IKEA Group appeared first on Dasos Capital.

Deals for the first half of the Portuguese portfolio have currently been successfully agreed, with anticipation of completing the exit process for the remaining portfolio over the next months.

For further information please contact Petteri Seppänen petteri.seppanen@dasos.fi

The post Dasos Timberland Fund II divests forest assets in Portugal appeared first on Dasos Capital.

https://www.finsilva.fi/artikkelit/keskustelua-metsista-eraan-metsaomaisuuden-tarina/

https://www.kauppalehti.fi/lehdistotiedotteet/kl/a1b909e5-3147-57bb-a4cd-694f69661cca

More information:

Juha Hakkarainen, Managing Director, Finsilva plc, juha.hakkarainen@finsilva.fi

Finsilva Plc is a forest and natural capital company which is one of Europe’s largest private and independent forest owners. Finsilva plc is majority-owned by CapMan Natural Capital through Dasos funds.

The post “Erään metsäomaisuuden tarina”, telling the history of forests, has been published in June by Finsilva appeared first on Dasos Capital.

https://www.davvimetsa.com/en/almost-160-hectares-of-new-nature-conservation-areas-in-lapland-includes-an-exceptionally-large-helmi-site/

Davvi Metsä Oy is owned by Dasos fund.

The post Almost 160 hectares of new nature conservation areas in Lapland – Press release by Davvi Metsä Oy appeared first on Dasos Capital.

https://www.finsilva.fi/en/press-release/new-insights-into-the-profitability-of-ecological-forestry-critical-deadwood-for-forest-species-can-be-doubled-without-sacrificing-returns/

More information:

Juha Hakkarainen, CEO, Finsilva Oyj
+358 40 0870 867
juha.hakkarainen@finsilva.fi

Finsilva Oyj is owned by Dasos forest funds and Metsärahasto II Ky (Ilmarinen) https://www.finsilva.fi/en/

The post New insights into the profitability of ecological forestry – Press release by Finsilva appeared first on Dasos Capital.

Pastures are areas of land with natural or managed grasses, herbs, and other forages that are grazed by cattle and other ruminant animals to produce goods like meat and dairy. Many pastures were originally forests. If agricultural activity in these areas were halted, the ecosystems could naturally regenerate, eventually returning to their original forested state. Keeping these pastures instead of allowing forest regrowth leads to a “carbon opportunity cost.” This cost represents the amount of carbon that could be sequestered in the land (or removed from the atmosphere) if agricultural production stopped and natural ecosystems were restored.

Haynek, M. et al. (2024) developed an indicator called the carbon opportunity intensity (COI) to measure this trade-off. COI quantifies the potential carbon sequestration in vegetation and biomass if pastureland were allowed to regrow, in contrast to the productivity (such as cattle pasture or beef production) that would be foregone.

The study suggests that reducing meat production by approximately 13% could potentially sequester up to 125 billion tons of CO₂—equivalent to three years of global fossil fuel emissions. This reduction could primarily occur in high- and upper-middle-income countries.

To offset the decrease in global beef production, areas with lower-carbon intensity pastures and less efficient beef production could aim to intensify their operations to about 47% of the OECD’s production levels. This shift could fully counterbalance the global beef supply loss, helping mitigate emissions without sacrificing total beef production worldwide.

Increasing the global forest area and wood supply can provide multiple benefits by replacing fossil-intensive materials with long-lasting sustainable forestry products. As the demand for sustainable materials grows, forests play a crucial role in carbon sequestration, helping to mitigate climate change while simultaneously supplying renewable resources.

Please visit https://www.pnas.org/doi/10.1073/pnas.2405758121

The post Reforestation of pastures represents major opportunity for carbon sequestration appeared first on Dasos Capital.

RESTORATION AS A SCIENTIFIC PROBLEM IN ECOLOGY

In Finnish (Markku Simula, Kanava nr 7/2024) https://www.dasos.fi/wp-content/uploads/2024/11/Kanava_Simula.pdf

In French RESTAURATION PROBLÈME SCIENTIFIQUE EN ÉCOLOGIE

Dr. Markku Simula is an international specialist in the economics of forestry and forest industries, and environmental management in the forestry sector. He has more than 50 years of experience on consulting and research work for international organisations, multilateral development banks, government and research agencies, as well as the private sector. Dr. Simula served as the Chief Executive Officer of the company consultancy Indufor Oy in 1980-2003 and since then as the CEO of Ardot Oy. He has worked as Adjunct Professor of Forest Economics in the University of Helsinki since 1985. He is a member of the French Academy of Agriculture and the Mexican Academy of Forestry. He is also a member in Dasos Investment Committees.

The post RESTORATION AS A SCIENTIFIC PROBLEM IN ECOLOGY – PhD (For.) Markku Simula (Kanava nr 7/2024) appeared first on Dasos Capital.