Chris Janiec
Max Nightingale developed US and Australian investments for International Farming Corporation before joining the then TPG affiliate in 2020.
Co-founder Nick Dilks says allocation and liquidity challenges kept some LPs from backing the vehicle, which pursues large-scale mitigation, biodiversity and habitat restoration projects.
Managing director John McKenna says LPs are waking up to the fact ‘40% of the world’s biodiversity is in Latin America’ and are allocating accordingly.
The Boston-headquartered firm has acquired four properties in the Murray Valley region of New South Wales from New Forests, including two projects registered under Australia’s Carbon Credit Unit Program.
With Nuveen, Proterra, Manulife and WisdomTree working to expand access, the interplay between public and private strategies is setting the future direction of the asset class.
The plans call for Nuveen Farmland REIT to acquire one or more initial assets from a TIAA subsidiary before an affiliate of Nuveen will subsequently make a $25m investment into the vehicle.
Alder Point Capital CIO Chris Larson says the firm repositions undervalued timber and farmland properties through organic and regenerative conversion, conservation finance, decarbonization and other approaches.
Co-founder Brandon Welch says the firm is considering an open-end follow-up that will seek $500m to scale the firm’s loans to producers undergoing transition to organic production.
Ecosystem Investment Partners has scored an early milestone in a complex California deal that shows how GPs are capturing the growing natural capital opportunity set.
Timberland’s growing appeal among institutional investors is encouraging an active style of land management that more directly shapes the public’s interaction with forests.