TIAA-CREF Secures $1.4 Billion for Second Farmland Vehicle

TIAA-CREF Secures $1.4 Billion for Second Farmland Vehicle

TIAA-CREF launched its Global Agriculture Unit which focuses on agricultural investments and farmland in the U.S, Australia, and Brazil in 2011 with commitments of US$2 billion.  Now the private equity firm has secured commitments of US$1.4 billion for its Global Agriculture II fund from three limited partnerships according to a document filed with the U.S. Securities and Exchange Commission.  The focus of the fund has not yet been disclosed.

 

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