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A headshot of LGIAsuper CIO Troy Rieck
In the second of our two-part interview with LGIAsuper CIO Troy Rieck, the superfund’s new man discusses the irrelevance of asset class definitions, co-investments and the F-word.
Vote on the A$72m sale of poultry assets to ProTen passed with approval from 65% of unitholders in RF Poultry, the listed vehicle that is the lessee and operator of the assets.
Fund manager Kaizen Capital has expressed concerns over alleged conflicts of interest and undervaluing of assets, and called for a vote on the sale to be delayed until these could be addressed.
One Tree Agriculture lists properties after completing sale of another Queensland aggregation earlier this year to Canadian pension PSP.
A headshot of LGIAsuper CIO Troy Rieck
In the first of our two-part interview with LGIAsuper CIO Troy Rieck, he discusses the importance of using GPs with diverse skills and the challenges the superfund faces with its ag and water assets.
The two investors have each committed A$8m to the first fund raised by Tenacious Ventures, billed as Australia’s first agtech-focused venture capital fund.
Southern Cross Poultry Fund - Murray Bridge - AAM Investment Group
The Brisbane-headquartered fund manager is launching a diversified ag fund for the first time, following on from the success of three single-asset funds in poultry, cattle and softwood.
The Chinese firm sold one of the smaller properties in its portfolio due to a restructure, with the sale value understood to be north of A$13.2 million.
Undertakings by ANZ Terminals to divest a facility in South Australia and to exclude a facility at Port Kembla from the deal alleviates competition concerns, the competition watchdog said.
The combined entity would have more than A$180bn of AUM and be larger than the country’s current largest fund, AustralianSuper.
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