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Exclusive: AGR backs South Carolina peach grower

Chief executive Ejnar Knudsen says the TIAA affiliate plans to entice regional peach and vegetable growers to Titan Farms’ processing facility to leverage the company’s advantageous location.

IDB backs ag credit in seven LatAm countries with $45m loan

Paolo Bazan of IDB Invest tells Agri Investor that foreign insurance companies and pension funds are increasingly willing to provide long-term financing to export-focused agribusinesses in Latin America.

EBRD joins syndicates backing Turkish ag exporter

EBRD principal banker Nazli Arikan tells Agri Investor that the $48m in credit, offered alongside other DFIs and private lenders, will help Tiryaki Agro reorient its strategy to focus more on organic exports.

Institutions expanding investment in marginal US farmland: MetLife

Managing director Barry Bogseth tells Agri Investor that pension funds, insurance companies and private equity funds are widening the scope of their farmland interest as pressure on producers continues.

Midwest sale/leasebacks on the rise: Hertz

Doug Hensley, president of real estate services at Iowa land broker Hertz Real Estate Services, tells Agri Investor that Midwestern lenders are increasingly encouraging farmers with existing debt to explore sale options to financial buyers.

Innovatus seeks almost $2bn for niche strategies

The investment platform includes three strategy-specific funds and a flagship vehicle that would deploy capital across all strategies.

Loan delinquencies on the rise, says Farmer Mac

Borrower-specific factors rather than a broader malaise explain much of the increase, according to acting president Lowell Junkins.

SFP adjusts fund target to $50m

Sustainable Farm Partners founder Harn Soper tells Agri Investor how the firm’s organic strategy has been shaped by Iowa’s anti-corporate farming laws and changes in the agricultural bank lending landscape.

Exclusive: Rabobank mulls securitization of UN fund loans

Director of sustainability Bas Ruter tells Agri Investor how the Dutch bank hopes to securitize loans provided through a $1bn facility established alongside the UN once enough investments have been made.

Exclusive: Cordiant nears $500m first close on seventh fund

Having hired two Brazil-based execs, the Montreal-headquartered debt firm plans to raise a separate vehicle devoted to agriculture once it has closed its flagship fund.

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