Home Featured

featured

The Swiss impact asset manager said closure of the Fair Agriculture Fund did not reflect any change in investor demand for exposure to the vehicle, which had invested more than $1bn across 52 countries since 2011.
Canadian pension expands its presence in Australian ag to almost A$3bn with two simultaneous mega-deals in the Murray-Darling Basin.
Superfunds from Australia and New Zealand have both recently told Agri Investor about the difficulties of investing in ag. What does this tell us about what they need before deploying more capital in the sector?
Other interested parties in the FruitSmart deal that could be worth as much as $105m included corporations, private equity funds, and endowments.
Lighthouse Finance managing director Howard Tang says the fund will largely look to help finance critical operating equipment for established seafood companies.
The ACCC raised its strongest concerns over a bid by New Forests, which dropped out shortly afterwards, paving the way for the competition watchdog to approve Global Forest Partners’ bid.
Vote on the A$72m sale of poultry assets to ProTen passed with approval from 65% of unitholders in RF Poultry, the listed vehicle that is the lessee and operator of the assets.
Fund manager Kaizen Capital has expressed concerns over alleged conflicts of interest and undervaluing of assets, and called for a vote on the sale to be delayed until these could be addressed.
Despite the inherent risks global investors face when trying to tap into Asia’s agri-food sector, it’s unlikely they’ll be able to avoid the continent during the next decade.
Global food and agriculture sector lead Taryn Goodman said the fund’s portfolio companies are well placed to support local income and benefit from increasing affluence.
agri
agri

Copyright PEI Media

Not for publication, email or dissemination