The US private equity fund has closed on $250m.
San Diego County Employees Retirement Association will hire external managers to handle a $50m-$75m timber increase. It is also planning a $150m “re-up” in agriculture investment during the year.
Southeast Venture Holdings is considering launching an institutional fund to target the sustainable aquaculture sector. It is currently raising $75m for its Healthy Earth sustainable food brand.
Bioenterprise Corp will receive the funding over a five-year period as part of a government initiative to boost early-stage companies.
The institutional manager is selling down the assets of the 2005 Fund I.
The US farmland REIT increased the monthly dividend by 16.7% in January.
Emma Cowan, independent agribusiness consultant, describes the changing landscape for commodities amid a shift in biofuel and BRIC countries’ growth potential.
Founders Fund’s commitment to Privateer Holdings should encourage other institutions to consider the industry, according to Ryan Brown, chief executive of GrowPros, an investment firm and consultancy.
The venture capital round was led by Andreessen Horowitz, and comes after Soylent raised $3m on a crowdfunding platform.
The Economist Intelligence Unit’s Global Food Security Index showed an average improvement across the globe in 2014.