News & Analysis

Why Phaunos is stonewalling Stafford

Stafford Capital has lodged a $244m hostile bid for Phaunos, the timber fund it used to manage. By refusing to say what it thinks of it, the vehicle’s board may be gunning for a higher price.

Salveo Capital commits to cannabis as larger investors circle the market

The US firm has decided to back a company closer to direct cannabis flower production than any of its previous investments. Managing director Michael Gruber tells us why.

Blue Sky buys $30m of water entitlements from Harvard Endowment

Interim MD Kim Morison says the acquisition of the Murrumbidgee tranche is ‘business as usual' for the under-fire Australian asset manager.

WATCH: OTPP’s David Goodfellow: ‘Less panic now that the Chinese are out’

The Canadian pension hopes to deploy $1bn into Australian ag, says the CEO of its local offshoot. Prices are heading south as restrictions on capital outflows in China herald a cooling off.

AFGRI taps PIC and Fairfax equity in bid to create pan-African ag group

Chief executive Chris Venter tells Agri Investor the company, which financial backers took private four years ago, could seek to co-invest with institutions to seal strategic acquisitions.

Distressed Coomboona Dairies for sale following co-owners dispute

The farm went into administration in March after retailer Harvey Norman went public about its disagreement with Hong Kong's Eternal Sound over future plans.

Stafford vs Phaunos: The battle for a $244m timber fund

Secondaries firm Stafford has put forward a hostile bid for Phaunos Timber, a global vehicle it used to manage. What is its chance of success?

Growth Farms secures A$10m cornerstone pledge for new Australia lease fund

The A$100m vehicle has also received significant interest from two overseas investors and a flood of solicitations from potential tenants, its managing director tells Agri Investor.

Impact investing turns to healthy pizza

Advantage Capital has used its $154m Rural Business Investment fund to back New Hampshire-based Rustic Crust, which the firm's CEO says continues to demonstrate an 'unwavering commitment to its community.'

WATCH: Blue Sky MD: ‘Trust our LPs, not the market’

There'll be no investor stampede from Blue Sky's ag and water business, insists interim managing director Kim Morison in the wake of a short-selling attack on the Australian firm from a US hedge fund.

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