Toward its goal of doubling its assets under management from C$110 billion (US$82 billion) to C$220 billion ($164 billion) by 2020, Fiera Capital is launching a joint venture with three partners in order to add agriculture to its investment portfolio, and to eventually add private equity. The joint venture – Fiera Comox Partners – will […]
Homestead Capital filed an amendment today to their Fund II documents with the Securities and Exchange Commission (SEC) lifting the size of the raise from an original targeted corpus of $350 million to $400 million. Last month GAI News reported that on September 1, the $108.5 billion Washington State Investment Board (WSIB) was scheduled to […]
The Laguna Bay Pastoral Company has acquired the first asset for its $280 million Laguna Bay Agricultural Fund I – Banongill Station, a 6,880 hectare cropping and grazing operation in Victoria’s Western District. Included in the sale were 30,000 sheep, 2,400 head of Angus cattle, 1,500 hectares of winter cereal cropland, and all station equipment. […]
Macquarie’s Paraway Pastoral Company is selling its Pier Pier Station located in New South Wales with expectations that the property could sell for upwards of $30 million. The property, which is engaged in a mix of activities including sheep breeding and cattle fattening, is expected to garner heightened interest from institutional investors. The station totals […]
A consortium of European investors including Rababank, Norway’s Norfund, and FMO have partnered through the pooling of currently held stakes in several financial service providers (FSPs) in sub-Saharan Africa to create a new investment company to be called Arise. With a presence in more than 20 African countries and $660 million in initial assets, Arise […]
Canada’s Public Sector Pension Investment (PSP) Board is continuing to add New Zealand dairy assets to its portfolio. New Zealand’s Overseas Investment Office (OIO) has given its approval for the board’s purchase of a 918 hectare dairy farm in Maniototo through its wholly owned subsidiary, Appleton Dairy Farm Ltd. The purchase price was withheld under […]
Pure-play, sustainable aquaculture investment firm, Aqua-Spark, has led the most recent funding round for Icelandic Arctic char producer, Matorka, investing $2.5 million of the $5.5 million round. The rest of the round has been funded by “various international and local investors,” Matorka CEO Árni Páll Einarsson told Fish Farming Expert. A member of the salmon family, […]
Global private equity firm KKR is investing US$81.2 million from its Asian Fund II in a 10.44% stake in Japfa Comfeed Indonesia, a subsidiary of Singapore-based farming and food company, Japfa Ltd. The company produces protein products such as chicken, beef, and milk, and protein-based consumer products for the Asian markets of Indonesia, China, India and […]
Rabobank Equity Advisors’ India Agri Business Fund II has made its first deal, investing US$15 million in India’s Cremica Food Industries Ltd. for a minority stake in the business, reports VC Circle. Cremica Foods’ product range includes mayonnaise, ketchups, sauces, salad dressings, jams, and its Opera line of chips. The company’s currently has a turnover […]
Al Hosn Investment Company SAOC (HIC), a joint venture formed between Qatar Holding LLC and Oman’s Ministry of Finance, is investing US$27.4 million for a 15% stake in the first Grouper fish farm in Oman, reports Trade Arabia. KAT-Aqua, a greenfield project that is targeting the production of 600 tons of Orange-spotted grouper per year, […]
