Chris Janiec
Red Reef Partners managing partner Suzanne Petrela tells Agri Investor of a recent uptick in land sales in key US farmland markets, as expected by 30% of respondents to a June survey by Farmer Mac and the American Bankers Association.
In the first installment of a two-part interview, we look at the challenges the firm had to overcome to get institutional investors to commit to its $548m second fund.
The firm, which launched its Latin American fund in 2013 with a target of $400m, has since raised at least $147m for the vehicle.
The European buyout specialist trumped peers in its attempt to buy Planasa, which it intends to develop internationally.
Just days after purchasing a US animal nutrition maker, the agri major has bought a Brazilian cattle feed business. We find two reasons why Cargill's acquisitive spell may not be over yet.
The Minneapolis-headquartered agricultural giant positioned the investment as part of ongoing efforts to meet increasing consumer preference for 'natural and wholesome food.'
Industry players believe tight supplies may result in an increase in the price of wood products, though the impact will be felt differently across regions.
Gro Intelligence uses machine learning and vast amounts of data to aid agricultural decision-making in finance, government and the food and beverage industry.
The $40m pledge is thought to be the first commitment to a global timber and farmland vehicle by South Korean investors.
Founder Stephen Johnston told Agri Investor that the manager has also raised C$60m for a separate open-ended vehicle targeting institutional investors with a buy-and-lease strategy focused on Canadian farmland.