Since joining LFDF as CEO in August 2025, Edgars Birks has led a rapid scale-up of the fund, delivering measurable growth across capital attraction, portfolio expansion and operational efficiency.
Within this period, LFDF’s total assets increased to €43.9M (from €9.3M in 2024), representing +371% growth, while equity more than doubled to €3.06M (+107%). The fund closed 2025 with €1.58M in net profit, reflecting improved scalability and capital deployment efficiency.
Growth has been driven by a significant acceleration in acquisitions. In 2025, LFDF deployed €33.3M into forest properties, expanding the portfolio to 6,430 hectares across 659 assets. Notably, acquisition velocity increased substantially, with quarterly volumes rising from €1.7M in Q1 to €17.4M in Q4 - a 10× increase, highlighting strengthened execution capacity under Edgars Birks’ leadership.
“We’ve focused on doing the work properly and staying close to every step - that’s what allows us to grow fast without losing control.” - Edgars Birks
Operationally, LFDF introduced a new valuation and underwriting framework, alongside integration of LVMGEO data, enabling more precise asset selection and faster decision-making. These upgrades have improved risk assessment, pricing accuracy and portfolio consistency.
At the same time, the fund implemented a stricter partner selection standard aligned with sustainability criteria, strengthening overall portfolio quality and aligning LFDF with institutional ESG expectations.
On the capital side, refinancing initiatives and improved access to investor platforms have enhanced liquidity and funding flexibility, supporting continued growth while maintaining attractive returns for investors.
A key strategic development has been LFDF’s entry into the carbon credit market in collaboration with Ecobase, alongside the development of an afforestation pipeline. This expands the fund’s model beyond timber, introducing additional long-term revenue streams linked to carbon sequestration.
In just six months, Edgars Birks has driven LFDF through a clear inflection point - combining 4.7× asset growth, a 10× increase in deployment capacity, and the launch of new sustainability-driven revenue streams.
Leveraging his experience and strategic focus, Edgars Birks has effectively deployed the €40M in capital attracted via Debitum in 2025, translating investor funding into rapid, measurable and disciplined growth. This ability to convert capital inflows into scalable asset expansion and improved portfolio quality positions LFDF as a high-performing and increasingly mature forestry investment platform.
