What is in the database?
The Agri Investor database holds live information on institutional investors, fund managers and private funds, including co-investments and other related vehicles. In addition to this, it also holds live information about service providers such as placement agents, investment consultants and fund formation law firms.
What do we mean by agri?
For the purposes of the Database, agri is defined as capital raised through limited partnership structures, co-investment funds, separate accounts and private mandates for dedicated programs of investing into agricultural investment products. This includes equity capital for investments into farmland, timberland, aquaculture, agtech and agribusiness companies. Our definition of agri does not include:
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- Private equity (unless a fund invests in agribusiness companies)
- Real estate
- Infrastructure
- Hedge funds
What strategies do we cover?
- Real assets – buy and lease
- Real assets – own and operate
- Corporate – buyout
- Corporate – debt
- Corporate – venture capital
- Secondaries
- Funds that invest in agriculture opportunistically
What sectors do we cover?
- Agribusiness
- Agricultural infrastructure
- Agetch
- Aquaculture
- Cannabis
- Farmland
- Livestock
- Water
- Mining
- Timber
How do we calculate fundraising statistics?
Our half and full-year fundraising statistics count the final closes of all funds and vehicles with fund-like economics (including co-investments, separate accounts and private mandates) with a closed-ended structure, which meet the above criteria.
Fund in market statistics count closed-ended funds and associated vehicles (co-investments, separate accounts and private mandates) which have launched and/or have held interim closes but have not yet held a final close.
We track the equity capital committed to a fund by institutional investors as well as the equity capital contributed by the GP. Leverage is not included in the size of a fund; we do not count total investable capital.
Our fundraising statistics are all given in a US dollar denomination. To calculate conversion rates for funds that do not have a US dollar-denomination we use an average exchange rate for the year in which a fund held a final close. For funds in market we use the exchange rate for the day in which the statistics are created. For example, H1 statistics will likely use an exchange rate that is correct as at 1 July. All exchange rates are taken from www.xe.com.
Private equity, private debt, infrastructure, private real estate, public funds, hedge funds and open-ended/evergreen funds are not included in our agri statistics. If a fund has some agri exposure but this is not its main strategy, then we will not include the fund in our statistics.