By Gerelyn Terzo, Global AgInvesting Media Toronto, Ontario-based Area One Farms has achieved a major milestone. The Canadian ag manager has amassed C$127 million (US$91.6 million) to mark the first close of its flagship fund, Area One Farms Limited Partnership V. Attracting both existing and new investors, institutional investors and wealth managers across Canada flocked […]
Tokyo-based Mizuho Bank has struck a strategic partnership Down Under. The Japanese bank has announced a $20 million investment into Pollination Global Holdings, a specialist climate change advisory and investment firm headquartered in London but with offices around the world, including Australia, receiving a minority stake in return. Mizuho Bank’s capital injection will support Pollination’s […]
By Gerelyn Terzo, Global AgInvesting Media Eighteen months after closing its oversubscribed Fund II at $850 million, Boston, Massachusetts-based Solum Partners is making some moves. Solum Partners, founded by former Harvard Management Company executives, is an investment management firm focused on real assets in the agriculture and food production industry. Amid a strategy to bring […]
By Gerelyn Terzo, Global AgInvesting Media While green bonds have already made their mark in the ESG industry, a different type of debt instrument is gaining traction. In a first for France’s water sector, Saur Group has announced the pricing of €550 million (US$594.8 million) in blue bonds, which while modeled after green bonds, specialize […]
By Gerelyn Terzo, Global AgInvesting Media Icelandic-domiciled salmon farmer Laxey is advancing its sustainable, land-based aquaculture vision. With a view to build a fish farm on land in the Westman Islands to produce 32,000 tons of Atlantic salmon each year, Laxey has inked an agreement with German-based aquaculture company Baader for the delivery of processing […]
By Gerelyn Terzo, Global AgInvesting Media In a deal underpinned by regenerative agriculture practices, Iroquois Valley Farmland, a U.S.-based private real estate investment trust (REIT), has partnered with Dirt Capital to co-invest in Evergreen Ranching and Livestock. Through the deal, the investors provided financing to organic rancher Cindy Tolle to acquire over 22,000 deeded and […]
By Gerelyn Terzo, Global AgInvesting Media Blue Stripes, a U.S.-based cacao startup looking to transform the cocoa supply chain, has secured $20 million in a Series B round, attracting some high-profile backers to the deal that valued the company somewhere between $80 million-$120 million. The investor lineup included Berlin’s Zintinus, The Hershey Company as a […]
By Gerelyn Terzo, Global AgInvesting Media In a sign that private capital is beginning to move off the sidelines, Butterfly Equity, a Los Angeles-based private equity firm specializing in the food sector, is acquiring North American luxury winemaker Duckhorn Portfolio. The all-equity $1.95 billion transaction will see the publicly traded target company return to its […]
By Gerelyn Terzo, Global AgInvesting Media Farmland Partners Inc. (FPI), a Denver, Colorado-based real estate investor, is offloading nearly $300 million in farmland assets to Farmland Reserve, an investment auxiliary of The Church of Jesus Christ of Latter-Day Saints (LDS). The massive portfolio of assets comprises nearly four-dozen farms across 41,554 acres of farmland in […]
By Gerelyn Terzo, Global AgInvesting Media Lesaffre, a Northern France-based food and beverage manufacturer specializing in fermentation and microorganisms, has come full circle with its previously announced acquisition of dsm-firmenich’s yeast extract business. The deal is now complete, strengthening Lesaffre’s commitment to innovation in the savory ingredients market and ushering in a new chapter for […]
