Europe

The European firm has taken €150m from two Dutch insurance companies for the UN Sustainable Development Goals-aligned vehicle.

The Swedish pension has roughly $1bn in total forestry investments, around 80 percent of which is through direct and co-investment structures.

Progress in land market reform will be celebrated when Joe Biden meets with his Ukrainian counterpart next week, but the path forward is far from clear.

The combined company has two facilities in the US with a further five to follow, along with &ever’s established presence in Germany, Singapore and Kuwait.

Opportunities in the secondaries space have remained ‘quite strong through the covid period,’ says managing partner Stephen Addicott, but a lack of assets entering the market could stifle co-investments.

The French private equity firm is a longstanding investor in food and beverage companies and counts drinks bottling company Refresco as one of its portfolio companies.

Astanor partner Hendrik Van Asbroeck says the investment marks ‘the beginning of a strategic partnership to help v2food expand into the European market.’

The $750m vehicle follows the same buy-and-build strategy of its $433m predecessor and is likely to attract LPs from Europe and the Middle East as well as North America.

Private markets co-head Richard Jacobs says the firm aims to raise up to €1bn within the next three years for the open-ended vehicle targeting OECD farmland.