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Fund II has acquired 18,500 acres across six properties in four transactions. Fund I is set to open again before the end of the year.
Rawdon Briggs, the director of transaction services, rural & agribusiness at Colliers International, talks about how the agri investment landscape has changed over the last 12 months and areas of opportunity, in this video from Agri Investor’s Australia Forum.
PowWow Energy, a California-based start-up providing Software as a Service (SaaS) for water efficiency, raised $3m in funding.
China rice farmer
The state fund hopes to mobilise a further $2bn of investment into the industry from local funds and state governments.
TIAA-CREF's second agriculture vehicle has raised over $1.7bn to date, reaching nearly 70% of its target.
Perdue AgriBusiness, an agri commodity processor, exporter and provider of agri services and logistics, has acquired the US business of Technology Crops International (TCI) to expand its speciality crops business.
The corporation will supply small- and large-scale loans of up to $5m, for projects including more efficient irrigation, waste-to-energy plants and solar installations.
The bill will make $75 million of “affordable and flexible growth capital” available to Ohio’s agriculture-focused and rural small businesses.
Arlon Group acquired The Coastal Companies, a distributor and processor of fresh produce and dairy products in the mid-Atlantic region of the US with its $335m North America fund.
Delegates at Agri Investor's Australia Forum, including Elizabeth O'Leary, head of agriculture at Macquarie Group, discussed offering new product lines away from the traditional fund structure.
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