A trickle of fund managers choosing to link carried interest to their impact and ESG targets is good news for private markets, showing the industry is serious about its sustainability goals.
Pushback against early movers in the water markets, and the strategies they adopt to overcome it, will shape the pathway for any investors that choose to follow.
The fund manager wants to cater to institutional LPs looking for British forestry investments, while offering entry and exit optionality for a wider spread of investors.
With over $1bn to the asset class confirmed between July and August and roughly $1bn spent in acquisitions, GPs are converting interest into commitments.
Progress in land market reform will be celebrated when Joe Biden meets with his Ukrainian counterpart next week, but the path forward is far from clear.
The bankruptcy of Pipeline Foods, an early leader in the effort to build out US organic ag, will influence the approach of investors now seeking profit in the same market.
Water allocation prices have fallen, although stability in high-security water entitlement prices suggests a maturing of that part of the market.
The world of agricultural private market investments has had a strong start to the year, with one of biggest fund closes in the past couple of years and significant SPAC transactions.
Despite some negative publicity associated with beef’s GHG emissions, the sector received a $500m USDA package to increase processing capacity while Rabobank’s Justin Sherrard says, ‘beef is where the answer lies.’
Veripath Farmland Partners and crowdfunder FarmTogether, both of which cater to retail investors, have respectively hit AUM milestones of $160m and $100m this summer.