The debt investment by the UK fund will enable Kapani, a Malawian meat processor, to expand its poultry operations fivefold.
The two firms have teamed up with Viking Global to create a company that will focus on nitrogen fixation, a process that enables plants to fulfill their nutrient needs without fertilizer.
The EU’s farmland sector has grown more concentrated in recent years. But only parts of the continent seem to have followed this trend, with emerging Eastern European powers challenging their Western peers, our interactive map shows.
Worries over volatile geopolitics, including the tension surrounding North Korea, are making LPs act cautiously.
The Malaysian firm’s Fund V was generating 8% net IRR as of September last year.
Brad Riemenapp will replace Ken Ross at the helm of Global ID as the company looks beyond GMO testing.
The firm is set to complete two deals ‘in the short term’ as it progresses towards a $500m final close in March or April next year.
As they hunt for yield, a vast majority of family offices intend to maintain or increase their allocations to the asset class, according to UBS.
The head of external management at AP Fonden 2, which committed $750m to a TIAA fund in 2014, tells Agri Investor why the Swedish pension favors core farmland investments.
Irrigation experienced a boom Down Under until the 1990s, then started to plateau. As one of the country’s largest irrigated farms goes up for sale, we look at the sector’s financial performance over the past decade.