Binyamin Ali
Once a core diversifier, timberland is now delivering double-digit returns and new sources of value, says team lead Aleksi Ehtee.
The combined entity will have approximately $8bn in timberland assets under management and more than two million acres of forestry.
The firm raised the figure over a four-month period and follows on from its $425m Fund I, which exceeded its $350m target.
Record fundraising and creative deal structures saw specialist timberland managers dominate Agri Investor’s Global Awards, underlining institutional LP demand.
The FarmCarbon vehicle finances modular biogas digesters for smallholder farmers and has also been backed by Shell.
Cambridge Associates’ David Gowenlock discusses why carbon markets remain fragile, LPs' shifting net-zero strategies and why agtech is attracting institutional interest.
Rainforest Builder is working on tropical forest restoration projects in Ghana, Sierra Leone and Guinea.
The firm plans to invest $100m in the US grasslands carbon project developer, with which it agreed a $40m funding agreement in 2024.
Fundraising volatility has tested agricultural private credit in recent years, but a heavyweight entrant suggests the strategy is far from sidelined.
The pair have provided a $15m credit facility to an East African financial institution that will support MSMEs and agricultural businesses.