By Lynda Kiernan-Stone, Global AgInvesting Media EXEO Capital has announced that its Agri-Vie Fund I has exited from its 62.7 percent stake in Cape Olive Holdings, one of the largest table olive suppliers in South Africa, selling its stake to Imibala, a subsidiary of the Lona Group and co-shareholder in Cape Olive. The Fund originally […]
By Lynda Kiernan, Global AgInvesting Media Phatisa has closed its Food Fund 2 at $143 million with capital commitments from a collective of five DFIs (Development Finance Institution) and impact investors, totaling $82 million. The consortium consists of: – CDC Group – $30 million – Norfund – $20 million – Finnfund – $15 million – […]
By Lynda Kiernan, Global AgInvesting Media reNature, a startup that develops and scales regenerative farming and agroforestry projects, has closed on its first Seed round, adding four private impact investors that join existing investors DOEN Foundation and Meraki Impact. “We joined reNature in 2019 convinced of the enormous impact it will have on changing our […]
By Lynda Kiernan, Global AgInvesting Media On November 12 GAI News shared the launch of the INVL Sustainable Timberland and Farmland Fund II (STAFF II) by Lithuania’s INVL Asset Management. With a targeted goal of EUR100 million (US$118 million), the fund’s initial offering has raised EUR32.45 million (US$38.3 million) to-date from private investors to back […]
By Lynda Kiernan, Global AgInvesting Media GAI News has learned that Homestead Capital USA Farmland Fund III has secured a $60 million commitment from the $19.5 billion State Universities Retirement System of Illinois (SURS). This investment, which was approved during the SURS Investment Committee meeting held on September 10 following a closed session presentation, marks […]
By Lynda Kiernan, Global AgInvesting Media Three EU-based pension funds have committed €12 million (US$13.5 million) to London-based Stafford Capital Partners’ Stafford Australian Agricultural Real Estate Fund (SAAF II) prior to its planned launch in September. Stafford Capital launched its global agriculture investment strategy in July 2015, building upon the firm’s success and expertise in […]
By Lynda Kiernan, Global AgInvesting Media Property fund manager Primewest has agreed to acquire GoFARM Asset Management Pty Ltd – the manager of Vitalharvest Freehold Trust – in a A$10 million (US$11.27 million) deal. Founded in 1991, Primewest is a leading Australian real estate funds management business managing assets across multiple asset classes (agriculture, commercial, […]
By Lynda Kiernan Farm Credit Canada (FCC) has partnered with Calgary-based venture capital firm Forage Capital Inc. to launch a new $100 million (US$72 million) venture capital fund designed to support proven, viable companies facing unexpected challenges due to incidents such as the COVID-19 pandemic. FCC is the leading Canadian lender to the agriculture and […]
By Lynda Kiernan The International Fund for Agricultural Development (IFAD) has made its first direct investment in the private sector, allocating $9 million to Bamboo Capital’s Agri-Business Capital (ABC) Fund. The ABC Fund was launched at the International Fund for Agricultural Development (IFAD) annual Governing Council in Rome in February 2019 as a blended-finance impact […]
By Lynda Kiernan Australian property investor Primewest has entered agricultural investment with the launch of a new agricultural investment vehicle, and has acquired its first ag acquisition toward what will be a $100 million plan in the asset class. Already with a presence in commercial, industrial, retail, residential, and tourism, Primewest has launched the Primewest […]
