The investment marks Spice’s first since revising its investment strategy in July 2016 to focus on direct investments.
Author Archive | Al Barbarino
The Church of England’s timber portfolio delivered a 24.3% return compared with the fund’s 17.1% total return.
A Cargill spokeswoman called the deal a “significant development.”
The funds were pooled from members of the Farm Credit System, a nationwide network a group of banks and lenders chartered to serve agriculture and the US rural economy.
“The recovery in agriculture and mining will drive growth this year,” according to a statement from the organization.
As of March 31, 2016, the Natural Resources portfolio held assets of $2.5bn, 16.8% of which represented agriculture.
China will allow US beef imports as soon as possible but no later than July 16, 2017, while the US will publish a proposed rule by that same date that will allow imports of cooked Chinese poultry into the US.
The fund will invest in “high-potential, early-stage food and agriculture companies” that are aligned with aligned to Rabobank’s “Banking for Food” strategy in the US and Western Europe.
Greg Campbell led the firm through a two‐year sales process resulting in the sale of the company to the joint venture company Australian Outback Beef.
Chris Leavy told Agri Investor that his previous career experience identifying “undervalued assets in inefficient markets” was motivation for having recently joined MedMen as co-chairman and partner. In fact, it pulled him out of retirement.