Home Fund Structure

Fund Structure

Farmland, emissions, carbon, wind
A trickle of fund managers choosing to link carried interest to their impact and ESG targets is good news for private markets, showing the industry is serious about its sustainability goals.
Almond nut trees in orchard, permanent crop
Portfolio manager Jonathan Braams says the $C118bn asset manager is considering direct and fund investments to expand the role of ag within its renewable resources portfolio.
Wide shot of cattle grazing under a tree in a field in Queensland, Australia
Packhorse Pastoral Company, whose thesis revolves around ‘Australian land for Australian investors,’ is raising more capital to fund two property acquisitions.
The $11.6bn pension’s chief investment officer Carlos Borromeo says the two firms were selected from a list of seven in a search to fill a farmland allocation added for diversification.
Co-Founder Trent Yang says agriculture could account for about 30 percent of the firm’s sustainability strategy, which seeks mid-teens returns.
Wide shot of cattle grazing under a tree in a field in Queensland, Australia
Packhorse Pastoral Company, which is targeting A$1.5bn in total for its first fund, has made a strong start after just six weeks of fundraising.
Managing partner David Taiclet says the firm’s early agtech investments helped attract institutional capital to its $169m Fund II, while interest in its $88m RBIC was not limited to Farm Credit System institutions.
Cristina Hastings Newsome hopes a natural capital base accounting for a broader set of opportunities beyond carbon will strengthen collaboration with producers.
Senior managing director Marc Drouin says underused irrigation infrastructure helped make the C$204.5bn pension’s entry into European ag a highlight within natural resources deployments last year.
Ejnar Knudsen says US pensions are among LPs in a distinct AGR vehicle focused on the type of ag-related real assets that proved resilient throughout covid-19-related shutdowns.
agri
agri

Copyright PEI Media

Not for publication, email or dissemination