Home Private debt

private debt

farm, row crops, soy
The firm’s latest credit fund benefitted from renewed interest among large LPs and Wall Street banks beating a retreat after their post-GFC ag debt binge.
Apple orchard
The North Carolina-headquartered firm surpassed its hard-cap to close its distinct credit vehicle at $325m and took approximately $115m in co-investments.
Biogas facility, aerial view
Co-founder Craig Reeves says the project finance biogas fund could end up raising 'significantly more' than it’s first-year target of $50m to $75m.
Placement agent First Point Equity is working with a US-based GP that is raising a private credit fund for farms with liquidity constraints caused by the pandemic.
The debt investment backs the expansion of ETC Agro Processing India Private Limited's pulses milling operations in Kolkata, India.
Farmer Mac’s quarterly agricultural outlook noted a decline in community banks from 15,000 in the mid-1980s to approximately 5,000 today, attributing it largely to consolidation among community and agricultural banks.
Emerging economies may offer a good fit for investors and funds looking to diversify their portfolios into agriculture.
At ACG New York’s monthly luncheon in Manhattan on Thursday, speakers identified debt funds as both the fastest growing and most sought after vehicles by institutional capital.

Copyright PEI Media

Not for publication, email or dissemination