The listed vehicle has purchased the farm to give its portfolio greater geographical diversification.
Though a spike in Southeast appreciation raised questions for many, market participants tell us the report generally accurately reflects current conditions across US farmland markets.
Ed Haft already serves on the boards of three Paine portfolio companies and was chief executive at Sunrise Growers before the firm sold the frozen fruit processor and marketer to SunOpta for $450m in 2015.
The dairy producer has bowed out of contention in the race to buy Capilano, with a China-focused consortium poised to triumph.
Kevin Herman, founder of the Specialty Crop Company, which has signed an eight-year lease on the property, tells Agri Investor why figs are ‘the perfect crop to be growing in California right now.’
The Gina Rinehart-owned business will use the acquisition in New South Wales to increase its 20,000 head of cattle.
Venture partner Peter Votkjaer Jorgensen tells Agri Investor that over the long-term, Spoiler Alert’s unsold food inventory data could facilitate inter-regional trade in items nearing their expiration dates.
Chief executive Sebastian Popik tells Agri Investor that after a years-long period when macroeconomic uncertainty complicated Brazil-focused fundraising efforts, he expects a surge following the country’s October 28 election.
The Roc Capital and Wattle Hill vehicle raises its offer to A$21.00 per share for the Australian company amid speculation of a rival bid from listed dairy producer Bega Cheese.
Founder and chief executive Harn Soper tells Agri Investor how feedback from LPs helped guide the firm’s journey from smaller to larger fund targets and back again, before moving away from the structure entirely.