Information

TYPE
Closed-end
INVESTOR TYPE
For informed investors only
STRATEGY
Investments into forestland, which promotes sustainability
REGION
LT, LV and EE
TARGET FUND SIZE
100 000 000 EUR
START DATE
2019 01 14
TERM
8 + 2

About fund

This sustainable investment consists of 4 key value elements:

Biological growth: The average annual increase in timber volume in the Baltic States is from 5.5 to 7.5 m3 per hectare. However, by investing in a younger forest with a higher potential for biological growth, the growth can be much higher.

Active asset management: Active forest management in line to the highest sustainability (FSC certified) and forest industry standards. Full value chain: forest purchase, maintenance and timber sales.

Asset Consolidation: Increasing operational efficiency and reducing risk factors.

Contribution to a clean environment: CO2 absorption, which is presented in an annual sustainability report.

 

The fund aims to build a portfolio in 7-8 years that will be attractive to a strategic investor looking for vertical business integration. During the lifetime of the fund, the highest priority will be given to young / middle-aged forests with the maximum potential for biological growth. The main criteria for the formation of the future forest land portfolio:

100 km to the large timber industry

Agricultural assets <30%Average age from 20 to 40 years,

density> 100 m3 / ha

Composition of premium timber – at least 2/3 of the portfolio must consist of pine, spruce, birch

Sustainability

All forests acquired and managed by the Baltic Green Fund are managed in accordance with the strictest requirements of the FSC (Forest Stewardship Council).

The Fund submits annual sustainability reports, which, in addition to all plantings, thinnings and other forestry activities are carried out, include data on the CO2 absorption of the assets managed by the Fund.

The companies managed by the Fund actively participate in the activities of forest associations in each country, promoting the development of sustainable forestry and various environmental initiatives.

Team

Dzintars Salavs
Fund Manager | Baltic Green Fund

Dzintars Salavs

Fund Manager | Baltic Green Fund

EXPERIENCE

  • Karl Danielsson Farm & Forest SIA – Country Manager
  • Svenska Handelsbanken, AB –  CEO (Latvian Branch)
  • Svenska Handelsbanken, AB – Head of Corporate Banking, Deputy General Manager
  • Swedbank – Head of International Desk

EDUCATION

  • Latvia University of Life Science and Technologies – Engineer’s degree, Forestry
  • BI Norwegian Business School – Business Administration and Management, bachelor degree
Simonas Jurgionis
Board member, Head of Investor Relations

Simonas Jurgionis

Board member, Head of Investor Relations

EXPERIENCE

  • Lithuanian Business Angel Network LitBAN – Member
  • Mogo Finance – Investor Relations Manager
  • SEB Bank – Senior Dealer at Capital Markets
  • Bank Finasta – Broker, Institutional sales
  • MP Bank – Broker

EDUCATION

  • ISM University of Management and Economics – Economics
  • Baltic Institute of Corporate Governance

Baltic Green Fund

    Documents

    Important information

    Before making an investment decision, it is advisable to not only think carefully about your investment objectives, but also the risks, fees and costs that the fund incurs. Investments can be both profitable and unprofitable – you can lose part or even all of the amount invested. Historical returns do not guarantee future results. The Fund’s investments in foreign markets are affected by currency fluctuations and changes in the political and economic environment. Funds that focus on a single country or sector, or funds that invest in smaller companies, may experience higher value fluctuations or face liquidity challenges. Investing in emerging markets, real estate, currencies, fixed income instruments or alternative investments carries additional risks. Due to the specifics of some funds, higher capital gains payouts are possible than in other investments. You will find more detailed information on risks in the Fund’s prospectus and rules.

    For more information related to the fund, please call +370 621 72826 or e-mail info@1am.lt. Please read the prospectus and other documents related to the fund carefully before investing.

    Detailed information about the fund and the management company is provided when logging in to the client area.

    Before making an investment decision, it is advisable to not only think carefully about your investment objectives, but also the risks, fees and costs that the fund incurs. Investments can be both profitable and unprofitable – you can lose part or even all of the amount invested. Historical returns do not guarantee future results. The Fund’s investments in foreign markets are affected by currency fluctuations and changes in the political and economic environment. Funds that focus on a single country or sector, or funds that invest in smaller companies, may experience higher value fluctuations or face liquidity challenges. Investing in emerging markets, real estate, currencies, fixed income instruments or alternative investments carries additional risks. Due to the specifics of some funds, higher capital gains payouts are possible than in other investments. More detailed information on risks can be found in the Fund’s prospectus and rules. Detailed information on the fund and the management company is provided when logging in to the client area.

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