First Guardian Group, an Australian diversified investment management, trading and export facilitation firm, has opened a new office in Beijing and is looking for new talent to build its presence in the region.
The Beijing office will prioritise the agriculture and food sector, according to a press release. Its business in these sectors is managed by subsidiary First Guardian Agriculture (FG Agri).
“We are looking to recruit more people with industry and functional expertise as well as entrepreneurial nous at various levels,” said David Anderson, chief executive of the group.
FGA manages separate accounts and advisory work, as well as managing the Diversified Agriculture Fund which aims to buy land, agribusinesses and farming infrastructure assets in Australia. The portfolio will be diversified across the beef, grain, wine, dairy, horticulture, aquaculture and distribution sectors, according to the website.
The fund is targeting a 15 to 20 percent annual return and will have a five to eight year investment term. It aims to deploy capital within two months of its commitment. The fund will be in a unit trust structure.
No further details about the target size, timeline or investor base were available.
FG Agri also manages direct investment opportunities for clients. It did not respond to requests for comment as Agri Investor went to press.