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 elements of value:

  • Biological growth: The average annual increase in wood volume in the Baltic states is between 5.5 and 7.5 m3 per hectare. However, investing in a younger forest with a higher biological growth potential can result in higher growth.
  • Active asset management: Compliance with the highest sustainability (FSC certificate) and forest industry standards. Complete value chain: purchase and maintenance of forest and sale of timber.
  • Asset consolidation: Increasing operational efficiency and reducing risk factors.
  • Contribution to a clean environment: CO2 absorption is reported every year in the annual sustainability report.

The fund’s goal is to form a Portfolio within 7-8 years, which will be attractive to every 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 maximum biological growth potential.

The main criteria for the formation of the future forest land portfolio:

  • 100 km distance to the large wood industry
  • Agricultural assets: < 30%
  • Average age – from 20 to 40 years, density: >100m3/ha
  • The composition of high-value raw materials – at least 2/3 of the portfolio must consist of pines, firs, and birches

Sustainability

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

Every year, the Foundation submits sustainability reports, in which, in addition to all performed plantings, thinnings, and other forestry activities, the CO2 absorption data of the assets managed by the Foundation is also presented.

The companies managed by the fund actively participate in the activities of the forest associations of 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
Partner, Board member

Simonas Jurgionis

Partner, Board member

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

    DISCLAIMER: The information presented is not an offer to buy or sell investment units. Investment decisions or future financial return forecasts cannot be made based on it. Before deciding to invest, it is advisable not only to think carefully about your investment goals but also to evaluate the risks, taxes, and expenses incurred by the Fund. The final information on the conditions is provided in the Fund’s prospectus and rules. You can only make investment decisions based on this information and your analysis.

    The value of investments can both rise and fall, which is why large fluctuations in the value of investment units are possible during the Fund’s operation period. This product does not provide any protection against future market performance and you may lose some or all of your investment. Past performance is no guarantee of future performance. The fund’s investments in foreign markets are affected by currency fluctuations and changes in the political and economic environment. Funds that concentrate on a single country or sector, or funds that invest in smaller companies, may experience greater fluctuations in value or face liquidity challenges. Investments in emerging markets, real estate, currencies, fixed-income instruments, or other alternative investments carry additional risks. Due to the specifics of some funds, higher capital gain payouts are possible than in other investments. More detailed information on risks can be found in the Fund’s prospectus and rules.

    For more information related to the Fund, contact e-mail by mail info@1am.lt. Please read the Fund’s rules, prospectus, and other related documents carefully before investing.

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