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Open Prairie seals first deal from rural vehicle amid fundraising

While trade-related uncertainty makes investors cautious, Open Prairie is on the lookout for resulting distressed opportunities, founder Jim Schultz tells Agri Investor.

Specialty lender backs Paraguay agribusiness with $8m loan

Latitude 20 Capital Partners’ Eimaad Ahmed says political and infrastructure conditions in Paraguay have allowed it to take greater advantage of the US-China trade war than its Latin American peers.

Iowa farmland: less leveraged, but still off-limits to corporates

The proportion of farmland held debt-free has jumped in recent years, but financial investors will likely be frustrated by a lack of political will to change restrictive laws.

Pinnacle raises $25m for cattle vehicle

Following its $200m acquisition of JBS USA’s feedlots in January alongside Ospraie, the New York-based firm has raised additional capital for cattle investments from a single investor.

African Development Bank backs PE fund with $15m commitment

The investment in Zebu Investment Partners’ Africa Food Security Fund comes soon after publication of a UN report highlighting agriculture as a key sector in efforts to manage migration flows on the continent.

California poultry business secures $40m in private credit

Great Rock Capital and GemCap Solutions have extended loans to Zacky & Sons, a Fresno-headquartered poultry provider. The former's chief executive tells Agri Investor why he likes the ag sector while other lenders don't.

responsAbility ag-debt fund secures anchor investment

The development-focused asset manager has clinched a pledge from Kempen Capital for its new fund, which targets up to $300m over the next three years to support ag lending in the developing world.

Molpus names new timberland VP

Ashley Harris is joining the US timber manager as it raises its fifth fund with a target of $500m.

DOWNLOAD: The bankruptcy time bomb

US farmers have been going bust at an accelerated pace for four consecutive years – and it’s likely to get worse. We explore why in a presentation with Farm Bureau’s John Newton.

FMO, Proparco back Armenian grocery business to prepare for possible IPO

The financing will go towards boosting technology, adding greenhouses and tightening governance at Spayka, which is looking to sell 20,000 tons of produce a year.

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