The asset class is primed to have a big year as EU regulation forces importers of carbon intensive materials like steel to pay a levy on embedded emissions, making sustainable products like wood more competitive, says Foresight Natural Capital’s Richard Kelly.
Inside Macquarie’s preparations for multibillion-dollar Paraway Pastoral Company sale; Manulife closes Permanent Cropland Plus Fund on $289m; Grit Road Partners launches agtech Fund II; deals round-up, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. Tips and feedback to: binyamin.a@pei.group
After nearly two decades of consolidation, Macquarie is preparing to take its flagship pastoral platform to market, betting that scale, operational integration and a seasoned management team will resonate with institutional investors seeking exposure to Australian agriculture.
Limited partners include AMB Holdings, Builders Vision, Cisco Foundation, Stray Works and Australian impact investing firms Understorey Ventures and Wedgetail.
Agech has found itself at a juncture where a late cycle shake out has left serious capital providers and strong businesses as the main players in market – now is not the time to retreat, says Cibus Capital CIO and co-founder Rob Appleby.
Capital was deployed from the firm’s sustainable land fund strategy and will help scale the US-based company’s operations in Indonesia’s organic coconut sugar products market.
Diversification in agriculture goes far beyond investing in both permanent and row crops, says Fiera Comox’s Matthew Corbett, and LPs need to ensure they’re adding the right type of exposure to their portfolios.
The firm launched the vehicle in 2022 with a $500m target to pursue a strategy combining higher-risk farmland investments with processing and marketing infrastructure.
With sawmills slowing and policy uncertainty rising, should investors be reassessing how reliably US housing can underpin forest cashflows?
Properties held in the Warakirri Diversified Agriculture Fund will see new operators take over after Dicky Bill fell behind on rent and other obligations.