Permanent Crops

After both Farmland Partners and Gladstone Land reported earnings last week, observers are speculating on the future for each.

In the second installment of a two-part interview, we zoom in on what underpins the firm’s focus on sustainable agriculture.

In the first installment of a two-part interview, we look at the challenges the firm had to overcome to get institutional investors to commit to its $548m second fund.

The firm, which is currently raising Cibus with a $500m target, has already deployed more than 50% of the equity raised at first close.

Paine Schwartz partner Angelos Dassios says Verisem will look to acquire peers as it seeks to fill a niche overlooked by breeders and distributors.

Known as the country’s ‘food bowl’, the region’s capacity for year-round crop production as well as permanent plantings is a major draw for institutional investors – both domestic and foreign.

The vehicle will seek low-teen returns through investments in farmland and processing assets devoted to sustainable production of tree nuts, citrus and blueberries.

The Australia-focused investment and farm management company’s decision to sell brings one of the country’s largest irrigated properties to market.

One of Australia’s largest irrigated and dryland cropping operations has attracted interest from domestic and international investors.

Former PSP Investments managing director Antoine Bisson-McLernon says establishing multiple partnerships with local operators is the key to scaling up in a very fragmented global agriculture market.