Macquarie Asset Management has A$38.4bn of equity dry powder to deploy across all asset classes after another strong year of fundraising.
Managing partner Andy Wiltshire says large properties with distinct parcels suitable for agriculture and timberland development are available in countries where the firm already operates and elsewhere.
The evergreen fund has taken commitments from European institutional LPs and a collection of private investors.
Mekong Earth and Forest Fund will target companies that help mitigate climate change through the regeneration of forests and soil in the lower Mekong region.
The Harvard Management Company spin-out’s first vehicle was supported primarily by its former parent and $309bn insurance company, American International Group.
Dutch insurer ASR has committed €10m to the Article 9 fund, which links 100% of its carried interest to the achievement of impact goals.
The Iowa-based firm specializes in providing growth equity capital and succession planning liquidity.
Climate Asset Management’s investment vehicle will straddle its existing carbon and natural capital strategies and is open to investment from Apple supply chain companies to address its Scope 3 emissions.
Dahab Associates director of research Kevin Connolly says farmland allocations are becoming more common among his investment consultant peers, while he sees opportunities narrowing in the market.
Co-founders Ellie Rubenstein and Ross Iverson discuss the added value role the firm plays for LPs and why they receive queries about their portfolio companies as soon as they close a deal.