Home Own-and-operate

own-and-operate

Butterfly Equity fund hits $429m

Filings suggest the firm co-headed by an ex-KKR principal is continuing to raise capital for its second fund.

‘We’ve had to be flexible, because if you are not flexible, you die’

With C$400m deployed from Fiera Comox's debut vehicle, partner Bob Saul explains why the firm has shifted focus from a search for assets with existing cashflow to earlier-stage opportunities.

Idaho Land Board picks up 32k-acre Molpus timber portfolio for $42m

Deputy director David Groeschl says the Land Board has $109m remaining for in-state ag and timber purchases.

Gunn Agri Partners to use climate data to target properties for A$350m cropland fund

The Sydney-based manager is leaning on climate-change research to pick properties and is ‘confident’ returns will beat more passive strategies.

Agri Investor Forum: Managers tout market turn

Agri players are seeing significant opportunities for private farmland investors amid financial pressure on US agricultural producers.

Agri Investor Forum: Ag funds navigating shifts in LP sentiment

While the opening panel at our 2018 Forum in Chicago acknowledged such near-term headwinds facing managers as increased competition for fixed income, there was optimism for long-term growth.

New Homestead Capital farmland fund lands $25m commitment

The Rhode Island State Investment Commission has backed the San Francisco-based firm, which is targeting up to $700m for a strategy blending higher-risk greenfield developments and more stable, lower-returning properties.

Organic edge allows Pipeline Foods to buy Iowa grain elevator from ADM

Chief executive Eric Jackson says the construction of an ethanol plant nearby helped trigger a sale by ADM, which will continue to use part of the facility for conventional soybeans.

Planfarm relaunches $250m agri fund amid ‘very strong’ season for WA wheat belt

Western Australian Farm Investment Fund is targeting 13.5% IRR but has received little interest from domestic superannuation funds.

DOWNLOAD: Lease or operate?

In the second of a series, we map out the ag fund universe by strategy. Flick through our presentation to find the vehicle that fits your bill.

Copyright PEI Media

Not for publication, email or dissemination