$300m LDN vehicle makes debut investment after first close
Fund manager Gautier Quéru says he hopes fundraising will accelerate in 2019 to enable the UN-backed Land Degradation Neutrality Fund.
Gunn Agri Partners to use climate data to target properties for A$350m cropland fund
The Sydney-based manager is leaning on climate-change research to pick properties and is ‘confident’ returns will beat more passive strategies.
Advanced aeroponic technology start-up LettUs Grow secures £1m funding
The business will focus first on growing leafy greens and herbs, using a ‘smart’ system for indoor farms, to produce more using fewer resources.
SLM timber fund expects €50m final close in mid-2019
The vehicle is riding a wave of strong timber demand in Ireland, which a new government report has forecast to continue despite Brexit.
Lyme Timber closes fifth fund on $300m
CEO Jim Hourdequin tells Agri Investor the vehicle is pursuing a mixture of conservation timberland assets and investments in the broader timber supply chain.
Kilter Rural sells 50% stake to Regal Funds Management and launches A$250m farmland fund
Regal will also help raise funds for the Kilter Water Fund, while two of its directors will join Kilter’s board.
Cerea Partenaire acquires majority stake in ICKO Apiculture
The investment from the €225m Cerea Capital II fund to acquire a majority stake in ICKO will enable the beekeeping equipment supplier to expand globally and extend its research and development operations.
EIB backs Ukraine’s Kernel with €250m loan
The facility will enable the expansion of the group’s sunflower oil and renewable energy production and improve agri-infrastructure in its home country.
InfraCo Asia divests stake to partners in Myanmar rice project
Singapore companies GSPI and SAT will now take Myanmar Hybrid Rice Seed Project to the next level, with further private sector investment targeted.
TRSL backs Apollo natural resources fund with $75m commitment
Teachers’ Retirement System of Louisiana deputy CIO Maurice Coleman tells Agri Investor the vehicle’s strategy includes agriculture among its target sectors.
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