The commitment to Conservation Forestry Capital Fund IV is the New Mexico Education Retirement Board's second investment with the firm, following a $25m investment with Fund II.
The seed and agrochemicals corporation acquired an equity stake in TargetGene and will use protein-expression technology from Nomad Bioscience in new agri products as it looks to access new technologies.
The agricultural seeds corporation has posted a decline in profits, but as it looks at consolidation options it says it sees early signs of an upswing in global agricultural markets.
Predictions for UK M&A in the second half of the year range from ‘lacklustre’ to ‘a write-off’.
It makes sense for LPs to use the secondaries market for liquidity rather than seek asset sales when it comes to Australian agri, according to the head of a Queensland-based investment firm.
The private equity-backed agtech company has brought on Jim Borel to advise on international expansion and potential partnerships.
The €310 million sale was unaffected by ‘Brexit’, but there will be a lasting slowdown in the wider M&A market, the firm said.
KKR has invested in an ecological solutions provider on the back of a growing mitigation banking sector in the US.
A $245m fund Hancock manages for the Alaska Retirement Management Board has seen rents decline by $47 per acre on leases it has renegotiated.
Potential post-Brexit models, such as those used by Switzerland and Canada, would change the way UK managers raise money in the EU.
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