LACERA Increases Stake in TIAA-CREF Global Agriculture II Via $46.4M Secondary Purchase
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 dep
Read moreFarmland Partners Closes $16.2M in Farmland Sales for 24 Pct. Gain
By Lynda Kiernan-Stone, Global AgInvesting Media Farmland Partners Inc. (FPI) is a real estate investment trust (REIT) that owns and seeks out high-quality farmland in North America, and makes loans to farmers secured by farm real estate. FPI has had a storied history in recent years. Highlights include, in 2016, the company merge
Read moreDBJ Becomes First Japanese Investor to Back Laguna Bay Fund 2
By Lynda Kiernan-Stone, Global AgInvesting Media The Development Bank of Japan (DBJ) continues to break ground as an investor. In November 2020, the bank was the first regional Asian investor to make an undisclosed investment in Equilibrium Capital’s Controlled Environment Foods Fund II. Then, within the span of two weeks in Sep
Read moreFolium Launches Regenerative Natural Resource Fund – Folium Fund III
By Lynda Kiernan-Stone, Global AgInvesting Media Boston-based Folium Capital was co-founded in 2016 by three former Harvard Management Co. colleagues and forestry and agriculture investment specialists - Andrew Wiltshire, Oliver Grantham, and Alvaro Aguirre - with the goal of raising $500 million to invest in agriculture and timber investm
Read moreINVL STAFF II Raises an Additional EUR 9.4M Toward EUR 100M Goal
By Lynda Kiernan-Stone, Global AgInvesting Media Launched in November 2020 under the management of INVL, the leading investment management and life insurance group in the Baltics, with an initial target of EUR100 million (US$110.5 million), the INVL Sustainable Timberland and Farmland Fund II (STAFF II) operates with the intention of heavi
Read moreThe51 Food and AgTech GP Closes on CAD30M Toward CAD50M Target
By Lynda Kiernan-Stone, Global AgInvesting Media With a mission to democratize access to capital for women and gender-diverse founders, The51 identifies as a Financial Feminist™ platform - one dedicated to driving economic empowerment for women as a path to gender equality. Based in Calgary, Canada, The51 Food and AgTech Ge
Read moreSolum Partners Closes Fund II Oversubscribed at $850M
By Lynda Kiernan-Stone, Global AgInvesting Media Solum Partners began at the height of the pandemic, in October of 2020, when Harvard University’s $41.9 billion endowment spun off its natural resources portfolio and team into a new independently managed firm focused on investment opportunities in the global agriculture and food spaces.
Read moreConvent Capital Announces Second Close at EUR 100M for AgriFood Growth Fund
By Lynda Kiernan-Stone, Global AgInvesting Media Convent Capital, an independent asset manager based in the Netherlands, announced its second close for its AgriFood Growth Fund at EUR 100 million (US$110 million) in capital commitments. Of this total, EUR 10 million (US$11 million) was committed from the Dutch insurance company a.s.r.
Read moreKilter Rural Launching Evergreen A$500M Kilter Agriculture Fund
By Lynda Kiernan-Stone, Global AgInvesting Media Founded in 2004 with an initial investment of $175 million from Vic Super, Kilter Rural is self-described as “a specialist manager, dedicated to investment in Australian real assets of farmland, water, and ecosystem services”. With 30 years of experience in sustainable farmland and wa
Read moreSubmitted Content: Paraguay – The New Frontier in Global Institutional Forestry Investment
Submitted by Richard Lane, Executive Director, Birdwood Capital London-based sustainable real assets manager, Astarte Capital Partners, with the help of their corporate advisors at Birdwood, have again put Paraguay on the map with the runaway fundraising success of Astarte’s Paraguay-focused ‘SA Impact Forestry Fund.’ Also known as
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