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More VC/PE collaborations on agtech roll-ups likely: Finistere

Mergers like Bayer/Monsanto and Dow/DuPont have increased investors’ attention on consolidation opportunities in the sector.

Planfarm relaunches $250m agri fund amid ‘very strong’ season for WA wheat belt

Western Australian Farm Investment Fund is targeting 13.5% IRR but has received little interest from domestic superannuation funds.

Exclusive: Houston firm to launch $50m fund after two agribiz deals

Brian Iversen of water-focused Cimbria Capital tells us about the firm’s efforts to establish a track record before hitting the market with its debut fund.

US Ag overcomes merger concerns, adds $25m to NMERB separate account

NMERB chief investment officer Bob Jacksha tells Agri Investor why a merger involving the farmland vehicle’s original manager, Halderman Agriculture, did not end up being a deal-breaker.

Italy’s first ag fund targets double-digit returns

IDeA Agro has raised around 80% of its €100m target from a clutch of institutional investors. MD Gianandrea Perco tells Agri Investor why he thinks a successor fund could be much bigger.

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.

Stafford vs Phaunos: The battle for a $244m timber fund

Secondaries firm Stafford has put forward a hostile bid for Phaunos Timber, a global vehicle it used to manage. What is its chance of success?

MainePERS commits $45m to Paine flagship fund

The $14.3bn pension was also an investor in the previous $893m iteration of the Paine Schwartz Food Chain Fund, which is seeking $1.2bn for the fifth vehicle in the series.

Exclusive: Food and ag chief departs TPG’s The Rise Fund

Joy Basu’s exit from her role with the $2bn vehicle leaves it without a lead executive for agriculture, one of the seven sectors it targets.

WATCH: Why LPs sell fund stakes

Committing to a closed-end fund takes effort and time. So why would LPs ever want to exit a vehicle before the end of its term? We ask Stephen Addicott, a timberland partner at Stafford Capital Partners.

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