By Gerelyn Terzo, Global AgInvesting Media Canadian ag-focused investment management Bonnefield Financial, which oversees C$1.5 billion (US$1.0 billion) in assets under management, has reached the second close of its agri-business fund. Buttressed with an anchor investment from Farm Credit Canada (FCC), which is 100 percent invested in Canadian ag and food, the Bonnefield Agribusiness Fund […]
By Lynda Kiernan-Stone, Global AgInvesting Media ASX-listed Regal Partners has agreed to acquire Merricks Capital, a hard asset investment specialist executing private credit and alternative investments in Australia and New Zealand and the manager of the A$470 million (US$313.55 million) Merricks Capital Agriculture Credit Fund. The deal, valued at A$235 million (US$156.77 million) (approximately 6.5x normalized […]
By Lynda Kiernan-Stone, Global AgInvesting Media Private investment management services firm Domain Capital Group announced that its subsidiary Domain Timber Advisors has completed the full placement of committed capital with the acquisition of five new assets totaling 5,800 acres on behalf of its timberland portfolio. The newly acquired holdings are located in Mississippi (2,530 acres), […]
By Lynda Kiernan-Stone, Global AgInvesting Media Stafford Capital Partners announced that a major Korean pension fund has invested $200 million in its flagship SIT X timberland fund, and has agreed to a further $100 million co-investment sidecar vehicle. Stafford Capital has a track record of 24 years of success investing in sustainable managed timber plantations […]
By Lynda Kiernan-Stone, Global AgInvesting Media Global investment manager of nature-based real asset and natural capital strategies New Forests announced that the first investment made through its Tropical Asia Forest Fund 2 (TAFF2) is in a project to conserve and restore the Kuan Kreng Landscape (KKL) in Thailand – the country’s second largest peat swamp […]
By Lynda Kiernan-Stone, Global AgInvesting Media Let’s dig into this one. Temasek has partnered with Singapore-based investment manager Seviora Capital, part of Seviora Group, an independent asset management group with $52 billion in AUM, that itself is wholly owned by Temasek. Through this partnership they will jointly invest in late venture and early growth stage […]
By Lynda Kiernan-Stone, Global AgInvesting Media Farmland Partners Inc. (FPI) announced it sold 1,370 acres of farmland across four farms in Arkansas, Georgia, Illinois, and South Carolina for a total of $8.9 million – representing a cumulative gain of $3.7 million – approximately 73 percent over net book value. The announcement of this achievement comes […]
By Lynda Kiernan-Stone, Global AgInvesting Media When the National Bank of Australasia merged with the Commercial Banking Company of Sydney in 1981, NAB was born. Today, the bank employs 32,000 and serves more than 8.5 million customers in Australia and overseas. In early 2022, the group launched its Indigenous business strategy with aspirations to be […]
By Lynda Kiernan-Stone, Global AgInvesting Media Dallas, Texas-based Macfarlan Capital Partners (MCP) announced it has acquired 7,109 acres of farmland in Poplar, Montana. Located in the Prairie Pothole Region, just west of the Poplar River, Poplar Farm brings MacFarlan’s total farmland portfolio to more than 25,000 acres. This latest transaction represents an ongoing farmland investment […]
By Lynda Kiernan-Stone, Global AgInvesting Media Not even four months after its last buy-in, The Board of the Los Angeles County Employees Retirement Association (LACERA) has voted their unanimous approval for a secondary purchase totaling $46.4 million in TIAA-CREF Global Agriculture II. In February of this year, LACERA deployed a total investment of $456 million […]
