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Bonnefield dismisses Saudi menace as Fund IV reaches C$80m third close

President Tom Eisenhauer says the firm’s sale/leaseback model has helped it build an impressive reputation among Canada’s farmers, making for a “remarkably busy summer.”

PSP joint venture buys Australian farms from Webster in $133m deal

The Canadian pension also becomes Webster’s largest shareholder as part of the transaction, acquiring a 19.15% stake in the company.

Cannabis investor Acreage raises $119m ahead of Canadian listing

The IPO will help allay fears among private equity and institutional investors that the lack of legal consensus on cannabis creates financial risk, president George Allen tells Agri Investor.

Thunder Bay project points to the future of forestry

FPInnovations and Resolute Forest Products are launching a $17m venture that will produce bio-chemicals derived from wood, as part of an effort to renew the forest products industry.

Canada invests $5m in PE-backed irrigation tech company

Hortau is also sponsored by Avrio Ventures and Capital régional et coopératif Desjardins, a subsidiary of the Business Development Bank of Canada.

Saskatchewan funnels big bucks into crop research

The province has allocated funding for 30 projects from its Agriculture Development Fund as part of a C$3bn program that is also backed by the federal authorities.

Dairy Farmers of Canada names new CEO

Jacques Lefebvre, most recently chief of the Dairy Processors Association of Canada, has been appointed as the national trade body's new boss.

Why are US LPs so domestic?

Various indicators suggest institutional interest in agri is on the rise. Yet, so far, the appetite of the asset class’s largest investors does not extend much beyond their borders.

PE-backed Hydrofarm expands north of the border

Six months after receiving equity investments led by Serruya Private Equity, the California-based hydroponics wholesaler has acquired two Canadian companies.

Ecotierra launches $50m sustainability fund, eyes Q1 2018 close

The agroforestry developer has partnered Quebec’s Fondaction and France's Mirova to target projects aimed at mitigating deforestation and land degradation in Latin America.

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