Fundraising

The Impact Alternatives Fund will invest up to 30% of its capital in regen ag and up to 20% in environmental assets in response to investor feedback.

The fund manager invested in tomato producer Sundrop Farms via the Growth Infrastructure Fund, which has scaled back its fundraising target due to covid-19.

The mixed experiences reported by placement agents and GPs suggest a positive covid-19 track record is not necessarily a silver bullet on the fundraising trail.

The manager has lowered the fundraising target for its Australian Farmlands Fund due to restrictions on movement, but says investor appetite for assets remains strong, especially overseas.

Timberland partner Stephen Addicott says timberland prices have held steady during the pandemic, encouraging some to dispose of their assets to pursue opportunities elsewhere.

MIRA’s head of agriculture talks to Agri Investor about sustainable farming in the wake of covid-19, and provides an update on fund deployment and plans for a fourth fund.

AAM Investment Group will use the money to purchase livestock and support a new wholly-owned livestock management company.

Riparian Capital Partners managing partner Michael Blakeney said there is ‘no shortage of opportunities’ for investors but some processes may take a longer to execute due to current restrictions.

The asset manager has pushed back fundraising to Q3 2020 due to due diligence constraints but was able to pull forward the acquisition of a beef property.

First-time fund managers are set to have an even tougher time on the fundraising trail amid the pandemic, but there could be opportunities for those raising capital on a deal-by-deal basis.