Paine Schwartz’s flagship Fund V lands $50m Rhode Island commitment

The $8bn pension was also an investor in the $1.2bn fund’s predecessor, which Paine Schwartz says generated a 7% gross IRR as of late March.

Exclusive: Ohio Police and Fire looks to add row crops

Following its $50m debut ag investment in Agriculture Capital’s permanent-crop focused ACM II Fund last year, the Townsend Group has recommended the $15.7bn pension add row-crop exposure.

Stafford raises $612m for timber secondaries

Fund VIII is focused on acquiring LP stakes and investing separately managed accounts and co-investments.

LandFund reaches $12m first close amid institutional run towards the Mississippi River Valley

A broker active in the region that is LandFund’s focus tells Agri Investor high-quality farmland there is current priced at between $5,500 and $6,000 per acre.

Area One launches two funds

Co-founder and president Joelle Faulkner explains to Agri Investor that she supports the ownership restrictions that necessitate distinct vehicles for partially and entirely Canadian pools of capital.

Edmond de Rothschild eyes ag as part of €1bn multi-strategy effort

The private investment arm of the French asset manager will launch hybrid fund of funds, growth capital, infrastructure and real estate vehicles this year.

€120m AfricInvest venture fund to back agtech startups

The vehicle targets family offices, DFIs, corporates and foundations as it eyes a first close by the end of the year, VC chief Selma Ribica tells Agri Investor.

IFC considers $120m loan to Olam ag supply chains

Uganda, Vietnam and Papua New Guinea are among the target countries for the proposed crop-financing program, which aims to improve market access for 40,000 smallholders.

EIB to gauge ag loan demand through €400m bioeconomy program

The program's focus is on projects to be implemented through 2022, but EIB executives tell Agri Investor the bank hopes to replicate the entire program, if successful.

Dallas pension unwinds ag program amid separate-account mismatch

Dallas Police and Fire Pension System investment manager Ryan Wagner tells Agri Investor that an ongoing review at the $2.1bn pension includes examination of fund structures most appropriate for an agricultural investor of its size.

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