News & Analysis

The ACCC raised its strongest concerns over a bid by New Forests, which dropped out shortly afterwards, paving the way for the competition watchdog to approve Global Forest Partners’ bid.

In the second of our two-part interview with LGIAsuper CIO Troy Rieck, the superfund’s new man discusses the irrelevance of asset class definitions, co-investments and the F-word.

Vote on the A$72m sale of poultry assets to ProTen passed with approval from 65% of unitholders in RF Poultry, the listed vehicle that is the lessee and operator of the assets.

Fund manager Kaizen Capital has expressed concerns over alleged conflicts of interest and undervaluing of assets, and called for a vote on the sale to be delayed until these could be addressed.

Despite the inherent risks global investors face when trying to tap into Asia’s agri-food sector, it’s unlikely they’ll be able to avoid the continent during the next decade.

Global food and agriculture sector lead Taryn Goodman said the fund’s portfolio companies are well placed to support local income and benefit from increasing affluence.

One Tree Agriculture lists properties after completing sale of another Queensland aggregation earlier this year to Canadian pension PSP.

In the first of our two-part interview with LGIAsuper CIO Troy Rieck, he discusses the importance of using GPs with diverse skills and the challenges the superfund faces with its ag and water assets.

Co-founder and co-chief executive Dustin Beck says Butterfly worked with OTPP’s direct investing unit on the acquisition of a majority stake in Orgain earlier this month.

Investment into areas such as agtech, aquaculture, controlled environment agriculture and sustainable proteins are expected to bear the biggest opportunities.