Fund Structure

Co-investment management fees could become more common amid fears that limited partners are rushing into deals to avoid charges. “Everyone is asking for co-investments,” Kaarina Suikkonen, managing partner at Swiss family office advisory Apaja, told delegates at Private Equity International‘s Women in Private Equity Forum on 21 November. “It used to be the way to reduce […]

Stafford's latest timber fund has so far been invested most heavily in secondaries, followed by co-investments, said Tom Goodrich, a timber group partner.

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.

Blue Sky Strategic Australian Agriculture Fund will invest across agriculture infrastructure, agribusiness private equity and water entitlements offering an IRR of 12%-15%.

The $105 billion Washington State Investment Board has approved a $300m commitment to the row- and permanent-crop farmland management company, taking the pension's agri exposure to $1.1bn.

The Australian bank's Pastoral Fund management team is set to relocate to Orange from Sydney to be closer to its assets and as part of an expansion in its operations. The fund posted profits for the first time since 2011 earlier this month.

Agri is such a diverse sector with varying strategies and risk/return profiles that it is unlikely there will ever be one common fee structure – but consensus is decidedly moving away from the 2-and-20-style model.

A strategic review of the investment landscape across the food and agriculture asset class with up-to-date analysis of the major asset categories.

Agustin 'Gus' Araya, co-founder of Cordillera Investment Partners, describes what he looks for in an agri asset manager and the appeal of alpha strategies. Cordillera is a niche alternatives fund management company.

For agri-focused investment managers, the need to inform the investing community about the opportunity is still as relevant as ever.