Farmland’s resilience amid inflation and high interest rates has increased the interest among Canadian institutions, says vice-president of investments Daniel Bacon.
In the first installment in our deep dive into buy-and-lease farmland strategies, we take a close look at one of the oldest open-end farmland funds in the market.
Investors include AGCO, ASR, Invest International, Invest-NL, Klaverblad Verzekeringen, Oost NL and Van Lanschot Kempen.
Aviva Investors launches Carbon Removal Fund; Craigmore Sustainables forestry funds hits NZ$100 million; Agri Investor Global Awards close for entries in two weeks; Foreign investment in Australian ag and forestry investment falls from A$8.5 billion to A$5.3 billion; Pollination and Howden examine the role of insurance in nature finance, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. Tips and feedback to: binyamin.a@pei.group.
The vehicle will try to assemble a diverse portfolio of carbon credits derived from assets including forestry, peatlands, mangroves and carbon removal technology.
The firm’s Totara Forestry Partnership has already started deploying capital in New Zealand’s North Island.
The firm has a long-term target of securitizing its forestry assets around the 10-year mark as an exit strategy for its private investments.
The venture arm of Prue Murdoch and Alasdair MacLeod’s agri-food focused investment group Macdoch is eyeing later-stage fund investments.
The fund manager’s latest forestry vehicle has been backed by a single European institutional investor.
The fund manager has now raised $125m against a $300m for Export Finance Fund I.