Dasos Capital

What Dasos Capital does

Dasos Capital Oy is a Helsinki-based investment advisor founded in 2005 that manages private equity funds investing in sustainable forests and natural capital assets across Europe. The firm became a wholly-owned subsidiary of CapMan plc in early 2024, forming CapMan's Natural Capital investment area, and operates alongside operating subsidiaries Finsilva Oyj (a majority-owned Finnish forest owner with ~130,000 hectares), Davvi Metsä Oy (wholly-owned Lapland forest operator), and the Dasos Habitat Foundation (biodiversity conservation). Its core platform combines a proprietary Forest Carbon Accounting System (covering above-ground biomass, soil carbon, harvested wood products, silvicultural emissions, and transport emissions) with an ESG Integration Framework applied from due diligence through exit, underpinned by FSC and PEFC certification of all forest assets.

The firm generates revenue through recurring management fees on closed-ended fund vehicles, with current flagship CapMan Dasos European Forest Fund IV targeting a net IRR exceeding 8%. Fund investors comprise European pension funds, endowments, family offices, and other professional institutional investors. Total assets under management exceed EUR 1.5 billion across approximately 215,000 hectares of land in eight or more European countries (Finland, Sweden, Ireland, UK, Latvia, Lithuania, Portugal, and others). The firm holds SFDR Article 9 compliance on certain vehicles, EU Taxonomy alignment for climate mitigation, and is a signatory to TCFD, UN PRI, and Equator Principles.

Distribution is sales-led and relationship-driven, with direct outreach to institutional LPs, complemented by press through Cision and industry publications. Recent activity has been characterized by mature-asset monetizations — including the sale of approximately 24,000 hectares in the Baltics to Inter IKEA Group and Portuguese forest exits from Dasos Timberland Fund II — alongside the December 2025 first close of Fund IV, which extends geographic focus into the UK and Ireland and continues the firm's renewable-energy land-infrastructure strategy (wind and solar siting on forest holdings).

Name

Dasos Capital

Legal name

Dasos Capital Oy

Website

https://dasos.fi

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Dasos Capital Oy is a Helsinki-based investment advisor, founded in 2005 and part of CapMan plc since 2024, that manages EUR 1.5 billion across sustainable forestry and natural capital private equity funds serving European pension funds, endowments, and family offices.

Ownership category

akta.pro rank

Product category

Forestry Investment Management

NAICS

Other Investment Pools and Funds (5259)

SIC

Forestry (800), Finance Services (6199)

akta.pro primary industry

Timberland Asset Management (Institutional/Private) (AFAMAKAA)

akta.pro secondary industries

Natural Resources Funds (Timberland, Farmland, Minerals) (FSANAEAK), Timberland & Forest Asset Management (IMAMAJAA), Sustainable Real Assets (Green Real Estate, Land, Forestry) Funds (FSANAJAD), Climate / Clean Tech & Decarbonization Funds (FSANAJAA)

Keywords

• Sustainable forestry investing
• Natural capital investment
• Timberland fund management
• ESG institutional investing
• Forest carbon advisory

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Fund Management Fees: Dasos Capital earns management fees as an investment advisor to private equity forestry funds. The firm manages assets for institutional investors who commit capital to closed-ended fund vehicles targeting sustainable forest investments with expected net IRR exceeding 8%.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Dasos Capital is an investment advisor that raises and manages closed-ended private equity funds investing in sustainable European forests and natural capital assets (land, biodiversity, climate, water). The firm applies climate-smart Nordic forestry practices to maximize returns from diversified forest and farmland investments, while providing land infrastructure for renewable energy projects. Its current fund lineup includes CapMan Dasos European Forest Fund IV, Dasos Timberland Fund II, and CapMan Dasos Sustainable Forest III, targeting net IRR exceeding 8% for institutional investors.

Differentiator

Problem solved

Functional benefit

Brands

• CapMan Dasos European Forest Fund IV: A closed-ended forestry fund targeting long-term value creation through active, sustainable management of European forest assets, targeting net IRR exceeding 8%.
• Dasos Timberland Fund II
• Finsilva Oyj

Products and services

• CapMan Dasos European Forest Fund IV A closed-ended private equity forestry fund targeting long-term value creation through active, sustainable management of European forest assets for institutional investors, structured as an SFDR Article 9 product with EU Taxonomy alignment.
• Dasos Timberland Fund II A forestry investment fund (SICAV-SIF) that invests in European timberland assets, currently divesting mature assets after a decade of systematic forest management.
• CapMan Dasos Sustainable Forest III
• Natural Capital Investment Advisory
• Renewable Energy Land Infrastructure

Quantifiable outcome

• Net IRR exceeding 8%
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered minor and core.

• Inter IKEA GroupminorOthersInter IKEA Group acquired approximately 24,000 hectares of forest assets in Latvia and Lithuania from Dasos Timberland Fund II in a transaction completed in early 2026. This represents an exit for the fund and a new forest ownership for Inter IKEA Group focused on responsible forest management and locally sourced raw materials.
• Finsilva OyjcoreStrategic or Co-development PartnerFinsilva Oyj is a majority-owned portfolio company of CapMan Natural Capital through Dasos funds, making it one of Finland's largest private forest owners with approximately 130,000 hectares of forestland. Dasos provides investment management while Finsilva operates the forests.

Scale indicators5 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• Campbell Global: US-based forestry investment management firm (now part of Manulife Investment Management) managing timberland assets for institutional investors globally. Direct peer in core timberland asset management with comparable fund vehicles and active management philosophy.
• New Forests: Australia-headquartered global investment manager specializing in sustainable forestry and natural capital funds for institutional investors. Highly comparable to Dasos in mission, fund structure (closed-ended PE forestry funds), institutional LP base, and focus on sustainable forestry investing at scale.
• Gresham Investment Management: US-based investment manager specializing in timberland and natural resources portfolios for institutional clients. Comparable to Dasos as a specialist forestry investment manager with closed-ended and open-ended fund vehicles serving institutional LPs.
• Stafford Capital Partners: UK-based alternative asset manager focused on timberland and agriculture investments for institutional clients. Direct peer to Dasos given the shared institutional LP base, closed-ended fund structures, and dedicated forestry investment focus across Europe and globally.
• International Woodland Company (IWC): Denmark-based specialist investment manager focused on European forestry investments for institutional investors. Closely comparable to Dasos in terms of Nordic/European geographic focus, institutional client base, and active sustainable forest management approach.

Emerging players

• Mirova Natural Capital: Paris-based natural capital investment platform (affiliate of Natixis Investment Managers) focused on forestry, agriculture, and ecosystem services. Comparable to Dasos in mission and LP base, but with a broader natural capital mandate beyond pure forestry.
• GreenWood Resources: US-based sustainable forestry investment management firm operating timberland portfolios across the Americas and Europe. Comparable to Dasos in sustainable forestry mandate and institutional LP focus, though with a stronger North American operational footprint.

Broad incumbents

• BNP Paribas Asset Management: European asset manager that has launched natural capital and timberland strategies as part of its real assets platform. Comparable to Dasos as a competing European-based provider of nature-based investment solutions to institutional LPs, though operating across a much wider product set.
• Brookfield Asset Management: Global alternative asset manager with a substantial real assets platform including timberland and renewables. Overlaps with Dasos as a competing capital source for forestry assets and natural capital strategies, but operates at much greater scale and broader scope.
• Manulife Investment Management: Global asset manager that owns Campbell Global, one of the world's largest timberland investment managers. Comparable to Dasos through its timberland franchise, but with vastly broader asset classes and balance sheet capacity for large transactions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dasos Capital