Permanent Crops

The rate of the sustainability-linked loan will be reduced by ‘a few basis points’ as GreenPods receives its organic and regenerative agriculture certifications.

The vehicle has a preference for permanent crops and has received anchor investments from the two firms totaling €250m.

The firm has filed two regulatory documents with the SEC for the strategy, neither of which specify a fundraising target.

Corporates and investors are continuing to struggle against the lower alcohol consumption trends among younger generations as the boom from the pandemic years comes to an end.

Chief investment officer Bob Jacksha says familiarity with the North Carolina-headquartered firm played a role in the commitment to Tiverton Ag Legacy Holdings II.

Investors in the region include Climate Asset Management, Fiera Comox, PSP Investments and Ontario Teachers Pension Plan, among others.

The Dellapool acquisition sees GoFarm double down on its strategy of securing large volumes of water entitlements in the face of government buybacks.

The fund of funds manager has shifted gears for its second vehicle and now has a 20% allocation to real assets so it can get closer to land use transformation.

The acquisition of the Budwood Citrus aggregation marks Warakirri’s first exposure to New South Wales for the Diversified Agriculture Fund.

The vehicle has been rejigged into a permanent crop-only play and a separate fund will now execute the strategy’s planned forestry investments.