Agriculture is among the target sectors for Horizon Capital’s Emerging Europe Fund III, designed to support export industries in Ukraine and Moldova.
The listed Australian alternatives manager has raised around A$180m for the fund, which will target water entitlements, irrigated farmland and integrated supply chain infrastructure.
The vehicle will target net returns of 15% over its 12-year life with agriculture to account for up to 20% of investments.
ADM Capital head of agriculture Jason Silm told delegates at our recent Australia Forum that US and Nordic pensions are leaving the super industry behind.
The Los Angeles-based cannabis investor has launched its second fund shortly after closing its first vehicle below its original $100m target.
The Western Australian Farm Investment Fund will focus on WA grain assets that will be sourced and managed by Planfarm.
The open-ended farmland investing vehicle has raised $649.7m since launching in 2006.
The $30bn pension has committed $75m to a food-focused fund managed by KKR spin-out Butterfly Equity.
The total amount raised by the Nigeria-focused agri impact fund could hit $76m if an additional investment by Germany's KfW Development Bank is approved.
A vehicle focused on the purchase of farmland in Brazil from the Cargill spin-out has reached a $100m first close and has a target of $500m.