The pioneering impact investing firm has recruited a veteran investor from Just Climate to co-lead the strategy.
Tree planting, afforestation, timberland
The firm manages a 306,000ha portfolio that is regeneratively managed and sequestered 100,000 tonnes of CO2 while emitting 30,400 tonnes.
Savills natcap head Alex Godfrey has been recruited to lead the strategy, which will invest in UK assets with afforestation and peatland restoration potential.
Freshly baked croissants
The firm has followed up its inaugural $423m fund with a successor that will continue its food and consumer strategy.
Photo illustration of ocean wave.
The new fund, backed by European Investment Fund, Ikea Foundation and Convex, among others, is one of four ocean-focused funds that have raised a combined $647m.
At PEI’s annual Women in Private Markets Summit in New York, LPs discussed the power dynamic with GPs and what they expect from managers they work with.
Salsa and tortilla chips
The salsa and tortilla chip business becomes the firm’s second acquisition since it closed its $425m debut fund.
Close-up shot of tomatoes in the market
Roc Food Fund II will follow a similar strategy to the first fund, with an increased target and greater emphasis on an own-and-operate model.
Tenacious-backed Vow eyes high-value cultured meat niche and Stafford Capital Partners’ timber fund nears its $1 billion target. Meanwhile, PeakBridge and Edmond de Rothschild agtech fund hits $187 million final close; Louis Dreyfus Company’s bid to acquire Namoi Cotton raises competition red flags, 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.
Quail
The company behind novel food products such as the mammoth meatball and quail parfait appeals to investors because it has no intention of replacing conventional meat.
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