The fund is set to buy more than 700 acres of Georgia farmland for high-intensity, pasture-fed cattle production, says Gratitude Railroad founder Eric Jacobsen.
The Chinese state-owned company plans to merge its subsidiaries into a global agri platform, the latest move in a wave of global agri corporate consolidation.
The facility will be incorporated into Forage Global, a new subsidiary looking to follow the global trend of aggressive consolidation and vertical integration in the forage industry.
Colin Butterfield, who managed Brazilian farmland investments for a TIAA-CREF and Cosan Alimentos JV, will lead the university endowment's natural resources strategy.