Prairie Wind Advisors is planning to launch its first fund, Harvest One Fund, on April 1, according to Hedge Week. The fund, which will be domiciled in the Cayman Islands, will invest across a concentrated portfolio of a maximum of 25 positions in companies within developed countries that will benefit from the macro-trends facing global markets and the efforts to resolve these challenges.
“It is the belief of the principles of the firm that the next decade will see robust growth for companies involved in seeking and finding solutions to the planet’s worsening food shortages and immediate environmental crisis,” Michael Kyne, CIO and CEO of Prairie Wind Advisors told Hedge Week.
Within the agriculture universe, the fund plans to invest in companies involved in the farming and harvesting of pure foods, including vegetable and fruits, ethnic and cultural foods, and proteins, along with aquaculture companies. Harvest One will also be considering investments in companies involved in the refining, mixing, preparing, packaging, distribution, or retail sales of foods including organic foods, and agtech companies developing new methods to preserve, store, deliver or enhance healthier, fresher foods, according to the company’s website.
Additionally, the fund will invest in companies involved in the production, distribution, and sales of alcoholic beverages; companies involved in water sales and distribution, plant based beverage production, fruit and fresh juice alternatives, and vitamin and health-enhanced beverages and meal replacements.
“We believe the fund can generate consistent, risk-adjusted returns by adhering to the strict, clearly-defined processes in place for equity selection, portfolio construction and risk management,” Kyne told Hedge Week.