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Central & Eastern Europe

The Eastern European country has some 41m ha of underdeveloped arable land. A new law that ends the near 20-year moratorium on farmland sales is just the start of a long road ahead.
Unlike various other ag segments, fishing and aquaculture will continue to suffer as long as populations are in lockdown and restaurants remain closed.
A lawyer involved in one recent sale says NCH’s Romanian land holdings are too scattered throughout the country for a single buyer to acquire them, as was its preference.
Firm partner Adam Oliver says institutional farmland managers’ efforts to broaden portfolios and diversify risk is helping create interest in the country.
Cows in the Field, south of Chile
The move comes after two failed follow-on fundraising attempts and a raft of senior departures over the years.
Carrot growing in soil
The blended finance vehicle has also attracted investments from the European Investment Bank as well as French and British government agencies.
Thor Talseth’s Neptune will invest across the aquaculture value chain and has four acquisitions in the pipeline due to close in H1 2020.
Lighthouse Finance managing director Howard Tang says the fund will largely look to help finance critical operating equipment for established seafood companies.
The Frutas Fund will initially invest in Citri&Co and Frutas Esther and could make acquisitions to expand their global presence and product range.
Carlyle managing director Taj Sidhu says the loan fits within the Credit Opportunities Fund’s focus on non-sponsored borrowers and will partially be used to support expansion targeting markets in Asia.
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