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.

FMO impact loan fund reaches $250m first close

European pensions are more comfortable with debt than equity when investing in the developing world, the Dutch institution's investment management chief tells us.

European, North American LPs push Gunn’s cattle fund to final close

Two execs at the firm, which hopes to reach A$200m in AUM upon full deployment, say Canadian pensions are entering Australia ‘en masse and in a simultaneous fashion.’

Amundi ag-focused equity fund eyes institutional follow-on

The Food for Generations fund looks to beat the MSCI World Index by backing a portfolio of public companies with minimal exposure to ag production cycles, says portfolio manager Stéphane Soussan.

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