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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.

EIB to gauge ag loan demand through €400m bioeconomy program

The program's focus is on projects to be implemented through 2022, but EIB executives tell Agri Investor the bank hopes to replicate the entire program, if successful.

FMO impact loan fund reaches $250m first close

European pensions are more comfortable with debt than equity when investing in the developing world, the Dutch institution's investment management chief tells us.

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