Fund Watch

GCF Commits Millions to Combating Climate Change Including Serbian Deforestation

By Gerelyn Terzo, Global AgInvesting Media The Green Climate Fund (GCF), the biggest climate investment vehicle on the planet, has greenlighted $686 million through its board of directors for climate action. The commitment, which grows to $1.5 billion with co-financing, includes investments to address deforestation for the agriculture industry in several countries, including Serbia. In […]

Warakirri AM’s Citrus Deal Buoys Diversified Ag Fund Value Beyond A$150M

By Gerelyn Terzo, Global AgInvesting Media Warakirri Asset Management, a Melbourne, Australia-based asset manager, has expanded its Diversified Agriculture Fund (DAF) with the addition of a horticulture aggregation, buoying the strategy beyond the A$150 million (US$95.1 million) portfolio value threshold. As the maiden NSW investment for this portfolio, and with an A$15 million (US$9.5 million) […]

Philippines Sovereign Wealth Fund Partners With Thai Conglomerate for $1B PE Fund

By Gerelyn Terzo, Global AgInvesting Media Maharlika Investment Corp (MIC), the sovereign wealth fund of the Philippines, and Charoen Pokphand (CP) Group of Thailand are partnering to launch a private equity fund with a strategy that includes the agri-food sector. The fund, which boasts a massive target size of as much as $1 billion, will […]

Lever VC Fund II Achieves First Close With $50M to Back Agri-Food Startups

By Gerelyn Terzo, Global AgInvesting Media Lever VC, which invests across the food and agtech sectors, has achieved first close of its Fund II, amassing $50 million to back agri-food-tech startups. In conjunction with this milestone, the VC firm, with dual headquarters in the U.S. and Hong Kong, has also announced Fund II’s first handful […]

Manulife’s Forest Climate Fund Surpasses $480M as Investors Flock to Natural Climate Solutions

By Gerelyn Terzo, Global AgInvesting Media Manulife Investment Management, a global timberland investment manager boasting over 5 million acres under management, has announced the third and final close of its forest climate fund. The Manulife Forest Climate Fund has amassed a massive $480.1 million in commitments. Investors flocked to the climate solutions strategy, including corporates and global […]

BNP Paribas’ Climate Tech Venture Fund Enters Oversubscribed Territory With EUR 172M

By Gerelyn Terzo, Global AgInvesting Media The private assets arm of French lender BNP Paribas has reached a critical milestone toward the ecological transition to a more circular economy. BNP Paribas Asset Management (BNPP AM), which oversees EUR 591 billion (US$614.8 billion) in AUM, has announced the final close of its BNP Paribas Solar Impulse […]

New Forests Achieves Final Close on Australia New Zealand Forestry Fund With A$600M

By Gerelyn Terzo, Global AgInvesting Media New Forests, global investment manager of nature-based real assets and natural capital strategies boasting A$11.6 billion (US$7.2 billion) in assets under management, has reached the final close of its Australia New Zealand Landscapes and Forestry Fund (ANZLAFF). New Forests attracted approximately A$600 million (US$374.8 million) to its coffers from […]

SLM Partners Clinches Final Close on Maiden European Ag Fund With €30M

By Gerelyn Terzo, Global AgInvesting Media SLM Partners’ Iberian orchards fund has reached a milestone alongside a key investment. SLM Partners, a real asset manager specializing in regenerative ag and sustainable forestry, has achieved final close of its SLM Silva Europe Fund, amassing €30 million (US$31.2 million) in commitments and marking its first move into […]

15 Minutes With Devon Baker, CFA, Director, Portfolio Manager for the Manulife Forest Climate Fund

Manulife Investment Management’s Forest Climate Fund (MFCF or “the Fund”) is a 12-year closed-end fund that seeks to deliver durable, high-quality carbon value to investors and annual optionality for in-kind carbon credit distributions or offset sales. The Fund seeks to provide the opportunity to promote climate change mitigation through a globally diversified portfolio of sustainably […]