Fund Structure

The sovereign wealth fund’s $125m commitment to the open-ended vehicle in 2016 is now worth $127.7m, according to real assets consultants Townsend.

Chief executive Joelle Faulkner says the Canadian farmland investment firm hopes to more than double the size of the vehicle within a year.

After launching an evergreen vehicle targeting high-net worth individuals in 2017, CEO Tom Eisenhauer says the new more flexible institutional structure comes amid a surge of interest from Canadian endowments and smaller pensions.

David Gladstone says the NASDAQ-traded REIT’s pipeline of potential acquisitions is 'as strong as we’ve ever seen', as he hopes to get the company's farmland portfolio to $1bn in 2020.

Skye Macpherson left the New York headquartered asset manager earlier this year and will focus on the Nuveen subsidiary’s proprietary research and analytics, developing new investment products and expanding its ESG investment process.

The $706m Hancock Timberland and Farmland Fund has backed a number of acquisitions, say portfolio managers.

The Brisbane-based asset manager is in discussions with Oaktree Capital Management over its lending covenants, although MD Kim Morison said investors should have ‘no concerns’.

Stafford made its first farm acquisitions in the country in December, using a separate account, head of agriculture and food Jos Boeren told us.

Head of natural resources Marc Drouin tells Agri Investor his unit would have been unlikely to take on such a complex agricultural investment three years ago.

ARMB real assets investment manager Nicholas Orr stresses row crops’ limited return potential in calling for changes to the pension’s $852m farmland portfolio.