Binyamin Ali
The sub-Saharan forestry investor has been steadily divesting its 2010 vehicle and has raised $115m for a successor fund, which reached its final close in April 2020.
Eric Cooperström joins from NatureVest and will seek to develop agri and timber investment opportunities that ‘remove carbon from the atmosphere.’
Every 10th portion of protein consumed on Earth could be alternative by 2035, says Boston Consulting Group. Strategically placed investors may be in sight of very handsome returns.
Co-founder Craig Reeves says the project finance biogas fund could end up raising 'significantly more' than it’s first-year target of $50m to $75m.
The Hong Kong and London headquartered firm closed its flagship vehicle on $322m at the start of 2019 and has added an executive who will aid future fund raises.
Return rates delivered by the 2008-vintage vehicle were undisclosed but managing director Joe Sanderson says figures in the 15% to 20% range are ‘not uncommon’ in the sector.
The San Francisco-based start-up launched an Asia-based JV with Proterra Investment Partners last year and won the global race to have cultured meat product approved for consumption.
Crowdfunder FarmTogether has identified a $1.1trn opportunity in the US within the $1m to $10m segment of the market, which it believes will appeal to institutional investors.
The start-up has been involved in farmland assets with double-digit values and expects to be ‘active across the spectrum of size,’ says CEO Carter Malloy.
Stafford Capital Partners’ Stephen Addicott says NPS’s $150m commitment to the firm’s forestry fund could ‘underpin future commitments from other South Korean pensions.’