Alternative investment bank, Dexion Capital and UK-based Brown & Co. announced the formation and launch of their joint venture, Agricultural Asset Management (Agri-AM). The venture plans to invest in farmland in the U.S, UK, and Central and Eastern Europe through a combination of land leases, crop sharing, and custom and contract farming. Capital investments will also be made to advance under-invested operations with the goal of increasing production in regions such as Romania. The venture will combine Brown & Co.’s management skills with Dexion’s investor network, with the aim of realizing net returns of between 8% and 10%.
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