By Sarah Day Levesque

 

Two Australian investment dealmakers are launching a new fund for agricultural investment, ASURO Group. Robert Talevski, a former executive from Telstra Super who currently runs Brightstone Capital Advisors, and Chinese-born Australian national Summer Yan will target AU$50 – AU$100 million in the fund’s first year. The fund will focus broadly along the entire agri-food value chain, including opportunities in processing, operations, farmland, and transportation, citing that these opportunities are ideally suited to capitalize on growing global demand for food. Capital will be raised from wealthy investors in Australia and China, as well as Australian superannuation funds that may be looking for portfolio exposure to agribusiness without making direct investment. 

 

Talevski and Yan bring different experience and skills to the fund, according to Australia’s FarmOnline. Talevski has worked with several super funds as a consultant when he was with Jana Investment Advisers and Yan brings both language skills and critical ties to Asian retail and wholesale distribution networks.

 

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