The bank will make a commitment of A$10m to New Harvest’s Indigenous Impact Investment Fund, attracted by its potential to support sustainable Indigenous Australian business growth.
Laguna Bay managing director Tim McGavin says DBJ is a ‘natural fit’ with the firm’s investment philosophy and hopes to secure further capital from Japanese LPs.
Paraway Pastoral Company, owned by MAM’s Macquarie Pastoral Fund, will sell Borambil Station, Pier Pier Station and the Burmah Aggregation for a likely A$180m.