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Daniel Kemp

Exclusive: NZ Super Fund considering first investments in US agriculture

New Zealand’s sovereign wealth fund is aiming to increase its ag weighting to 3% of its assets and is increasingly looking offshore to achieve this, following its first move into Australia in 2017.

PSP purchases Australian vineyard through Blue Sky partnership

The Canadian pension made the investment through its strategic tie-up with the embattled fund manager, securing the asset from a Singaporean vendor on a sale-and-leaseback deal.

First State Super pauses future investments with Blue Sky

The fund, which has invested in water rights and almonds through the Brisbane-based manager, is monitoring the situation due to potential reputational risk.

CPC sells 850,000ha Nockatunga Station as portfolio divestment begins

The A$50m asset is the first to be broken off from the company’s wider portfolio, which is still subject to a sale process.

Will Oaktree’s investment be enough to save Blue Sky?

The US firm has agreed to invest A$50m in the embattled Australian manager through a convertible loan note. Blue Sky says this is a positive move for the business – but investors probably need more convincing.

Soaring commodity prices and rising land values ‘boosting Australian forestry’

We catch up with New Forests chief executive David Brand as the firm starts to deploy its A$873m third fund dedicated to the region.

$144m Ceres Ag goes on auction after failing to find domestic buyer off market

Integrated NSW beef and cropping enterprise will be subject to an EOI campaign in October, allowing foreign capital to make a bid.

Timber investment central to NZ Super Fund’s strong returns

New Zealand’s sovereign wealth fund has namechecked its 42% stake in Kaingaroa Timberlands as a strong performer in FY18.

Oaktree to invest $36m in Blue Sky through convertible loan note

The embattled Australian fund manager will use the capital for co-investments and leverage Oaktree's reputation with prospective LPs.

Australian Rural Capital to focus on unlisted assets after lack of interest in listed...

The Brisbane-based firm, which was part of a failed Chinese-led bid for S Kidman & Co, has seen ‘continuing interest’ from investors in unlisted assets.

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