The RMS Evergreen US Forestland Fund plans to use a mix of strategies to achieve long-term net returns in the high single digits.
CalSTRS' Underserved Urban & Rural California strategy has been dragging down the performance of its overall private equity portfolio.
The fund has raised $50m to $60m of its $150m target.
A family office-backed marijuana investment vehicle is raising a fund designed to provide investors with exposure to the burgeoning legal cannabis industry.
At ACG New York’s monthly luncheon in Manhattan on Thursday, speakers identified debt funds as both the fastest growing and most sought after vehicles by institutional capital.
Participation in the $4.25m funding round for Kuli Kuli marks the first investments from eighteen94, Kellogg’s $100m venture fund designed to give the company exposure to innovative food ideas.
Farm management software company FarmLogs has raised a $22 million Series C round of financing led by a new investor into the firm, Naspers Ventures, with follow-on participation from existing investors Drive Capital, Huron River Ventures, Hyde Park Venture Partners, SV Angel and Sam Altman, president of Y Combinator.
Paris-headquartered Céréa Partenaire has raised almost €700 million to invest in Western European agribusiness through its buyout, mezzanine, and senior debt arms, sister publication Private Equity International reported.
Venture capital firm SOSV has closed its first fund open to external investors, SOSV III, at $150 million.
New York-based mid-market firm Gamut Capital Management has raced past the $750 million target for its debut fund to close on $1 billion, sister publication Private Equity International reported.