Field Notes

Astarte has closed its debut impact forestry fund on $325 million, Forward Consumer Partners chooses Firehook Bakery for the first deal from its $425 million fund, BlueOrchard and Acre Impact Capital hit fundraising milestones, IIED believes DFN swaps can unlock $100 million in climate finance, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.

We reveal the winners of Agri Investor’s Global Awards; take a look inside Aqua Capital’s $450 million close; a new report backs the importance of Australia’s carbon market; McKinsey finds limited take-up of ag sustainability practices ag, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. Tips and feedback to: binyamin.a@pei.group.

Aqua Capital surpasses its $400m target to close Fund III on $450m; climate vehicles have raised $9.4bn across 41 funds since 2022; Toniic has made a commitment of undisclosed size to Conservation Resources' Impact Agriculture Strategy; Brazilian beef’s climate challenge, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.

China lifts Australia wine tariffs after three years; World Fund has hit a €300m close on its debut vehicle; Royal London has made its first natural capital investment; we take a closer look at Munich Re’s farmland play, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. Tips and feedback to: binyamin.a@pei.group.

Returns for Australia farmland fall below zero, according to ANREV; Acre Venture Partners closes its $140m Fund III; farmland buy-and-lease strategies go open-end; Olam opens bidding war for Namoi cotton with Louis Dreyfus; and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.

Why Fiera Comox waited six-years for Innoliva to present itself, Agtech fundraising falls to lowest level since 2017, Mirova hits €195 million on €300 million climate fund, New Forests makes two senior hires, deals round-up and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.

Broadacre farm income is expected to rebound this year, SURS Illinois is looking for an agri GP, Hatch Blue hits €75 million second close, Ardian and partner firm aDryada both recruit for nature-based solutions fund, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. (Tips and feedback to: binyamin.a@pei.group)

Forestry GPs ‘retool’ for natural capital, UK’s biodiversity market opens for business, MEAG forestry fund hits $207 million first close, the USDA is warned about changes to ‘climate smart’ list’s impact on carbon capture, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. Tips and feedback to: binyamin.a@pei.group.

APG, PPF and UniSuper’s forestry business Forico looks to waste for sustainable energy; and Molpus and Drax eye their own long-term forestry biomass energy generation plans. Plus: Gresham House targets a $380 million raise for a biodiversity fund; New Forests signs first deal from its sophomore tropical forest fund, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.

Fiera Comox establishes a strong foothold in Western Australia; EXEO Capital explains why abalone is a good currency hedge for South Africa; Eastwood Forests begins deploying Sumitomo-backed natural forests fund; Nuveen takes another wine asset, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.