Formation of impact investment PE fund

Dasos Capital Oy

Posted on

23 Jan

2020

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Fast facts

Status:

Ongoing

Cross-border:

No

Deal value:

Not disclosed

We advise Dasos Capital Oy on the formation of Dasos Habitat Fund Ky, a globally unique new type of private equity fund focusing on impact investment in certified forests.

Metsä Group and Dasos work together to acquire forest estates that include connected nature sites defined as valuable by the FSC. The estates are incorporated into Metsä Group’s FSC group certification. Metsä Group offers valuable nature sites on these estates to its owner-members and these nature sites are used to compensate for the conservation area required of the forest owner. The innovative model can simultaneously achieve the goals of private forest owners, wood processors, certification and sustainable forest management.

Key investors in the fund include Elo Mutual Pension Insurance Company and LocalTapiola.

Dasos Capital Oy is natural capital and timberland investment management company based in Helsinki, Finland. Dasos acts as an investment advisor for several forest and natural capital funds with combined total volume of funds and assets at over EUR 700 million, investors including Finnish and other European pension funds and endowments, family offices and other investors.

Metsä Forest is the market leader in wood trade and forest energy in Finland. It is responsible for Metsä Group’s wood supply and provides the owner-members of the parent company, Metsäliitto Cooperative, with extensive services in wood trade as well as forest and nature management. Metsäliitto Cooperative has approximately 103,000 members, who own nearly half of the private forest area in Finland.  In 2018, Metsä Forest’s sales totalled EUR 2.0 billion, and it has approximately 840 employees.

The Forest Stewardship Council (FSC) is an international, non-profit and open membership organisation committed to promoting responsible forest use through certification.

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