UK Pension Giant Nest Chooses Campbell Global for High-Profile Timberland Mandate
By Gerelyn Terzo, Global AgInvesting Media UK pension giant Nest -- in a move to add diversification to its funds -- has selected Campbell Global for a high-profile timberland investment mandate. Campbell Global, a J.P. Morgan company, was enlisted to provide the pension scheme with a global portfolio of direct investments focused on core
Read morePlant-Based Cheese Startup Plonts Puts $12M Seed Round to Work
By Gerelyn Terzo, Global AgInvesting Media Plonts, an Oakland, California-based startup that develops plant-based cheeses, has launched its maiden product on the heels of a $12 million seed round. Led by climate-tech VC firm Lowercarbon Capital, the round also extended to other participants, including Peter Rahal's Litani Ventures, Accelr8
Read moreAustralia’s Rural Funds Readies Sale of Wagyu-Stocked Dyamberin Cattle Farm
By Gerelyn Terzo, Global AgInvesting Media After doling out $A13.4 million (US$8.8 million) for New England cattle farm Dyamberin in 2018, Australia's Rural Funds Management has listed the institutional grade property for sale. Situated in the Wongwibinda district of New South Wales, inherent with grass-fed weight gains, ample rainfall and
Read moreCanada’s AIMCo Close to Lassoing Western Australian Cattle Producer Yeeda Pastoral
By Gerelyn Terzo, Global AgInvesting Media The Alberta Investment Management Corporation (AIMCo), which invests on behalf of Canadian pension funds, endowments and government funds, has received the early green light from creditors to control the Yeeda Pastoral Company, a debt-ridden premium cattle producer in Western Australia's Kimberley
Read moreAfrica-Focused Helios Secures Lineup of Investors for CLEAR Fund’s $200M First Close
By Gerelyn Terzo, Global AgInvesting Media The Helios Climate, Energy Access, and Resilience (CLEAR) Fund, overseen by African-focused PE firm Helios Investment Partners, has reached its first close after securing $200 million in anchor investments across multiple companies and governments. British International Investment (BII), the UK's
Read moreThe World Bank’s IFC Invests $50M in BTG Pactual’s Latin American Reforestation Strategy
By Gerelyn Terzo, Global AgInvesting Media In its maiden engagement with an institutional timberland investment manager, the International Finance Corporation (IFC), a World Bank Group division, has committed $50 million to jumpstart BTG Pactual's Timberland Investment Group (TIG) Latin American reforestation strategy. The announcement was
Read moreMission-Driven Grounded Capital Makes Back-to-Back Equity Investments This Summer
By Gerelyn Terzo, Global AgInvesting Media This summer, Grounded Capital, a San Francisco-based SEC-registered investment advisor, has made back-to-back investments to support sustainable food production in the United States. These included a $22.5 million investment into Lotus Foods coupled with a new equity investment into the Straus Fam
Read moreJBS-Owned Huon Aquaculture Earmarks A$110 M for Land-Based Salmon Production
By Gerelyn Terzo, Global AgInvesting Media Australia-based Atlantic salmon producer Huon Aquaculture, which is 100 percent backed by Brazilian food giant JBS, has committed to invest A$110 million (US$71.8 million) to bolster land-based salmon production at its Whale Point site in southern Tasmania. Huon, Australia's No. 2 salmon producer
Read moreFarmland LP Secures Trio of California Almond Ranch Acquisitions Including Water Rights
By Gerelyn Terzo, Global AgInvesting Media Farmland LP, a California-based investment firm dedicated to transforming conventional farmland into sustainable organic farms, has announced the acquisition of three properties in Northern California’s Sacramento Delta across 2,625 acres for a combined price tag of $35.6 million. The farms, all
Read morePE Firm Manna Tree Takes Majority Stake in Organic, Grass-Fed Beef Company Verde Farms
By Gerelyn Terzo, Global AgInvesting Media Manna Tree Partners, a global private equity firm based in Vail, Colorado, and focused on nutrition, has taken a controlling interest in Verde Farms, a Woburn, Massachusetts, company that produces 100 percent grass-fed and pasture-raised beef. As a follow on to a minority $15 million stake taken i
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