Fund Structure

In his first interview since founding Argyle Capital in August 2019, Morrison discusses his regrets, water’s standout performance and superfunds’ reluctance to invest in ag.

Managing director Chris Morris expects the LFP Opportunity Fund to reach its $20m target by October and be fully deployed by Q1 2021.

Managing director Chuck Templeton says two new seafood-experienced managing directors will help build a network of co-investors interested in early stage seafood and ocean ecosystem health opportunities.

Food-producing assets have experienced steady demand and cashflows throughout covid-19. LPs looking for yield might want to ask themselves why they’d want to put a time limit on ownership.

Schoen says NewAg Partners is eyeing up assets being prematurely disposed of by funds limited by their ‘10-year drop-dead PE’ structure, as it targets IRRs in the 12-15% bracket.

Principal Ryan Ramsey says a limited pool of buyers helps make the nascent secondaries market an exciting space within agriculture.

The Nature Conservancy managing director Charlotte Kaiser said the body could work with RRG in several ways to achieve a conservation outcome.

Touchdown Ventures principal Selina Troesch Munster says dedicated venture capital units have become 'almost table stakes' for corporates active in food and agriculture.

The ag merchant and processor’s 2019 annual report suggests alternative proteins, traceability and food waste are among subsectors where LDC Innovations will deploy capital.

Up to 10% of Fund II could end up invested in the asset class, with permanent crops and agtech growth equity eyed to help meet the vehicle’s 15% net return target.