Real Assets

CDPQ managing director Nicolas Leyssieux says the regional timber platform established with Oregon-headquartered Chinook Forest Partners could surpass $200m in value.

The pension has a 2% target allocation to the asset class.

The assets, known as the Alcheringa Aggregation, are located in Western Australia’s Wheatbelt region and are being sold following significant upgrade work.

New Agriculture will manage the farmland associated with KMC but not the processing facility itself, building on AIMCo’s previous deals in the region.

Africa-focused Helios Investment Partners has raised around $200m for the fund, which will invest in ‘climate-smart agriculture and food’, among other sectors.

The firm has a goal of increasing the size of the 2021-vintage to $1bn but says it is not in a rush to reach the target.

Argyle Group will become a pure-play water rights investment manager under the Regal banner, sitting alongside Kitler Rural and Merricks Capital.

As some other private markets have recorded surprising figures to varying degrees, agri-food and forestry appears to have slipped back into its happy medium.

The MD of Laguna Bay likened a land tax on foreign investors in Queensland to ‘kicking own goals’ and said it had ruled them out of further investment in the state’s farmland.

QIC will look to raise and deploy funds for its first natural capital vehicle over a longer time horizon than originally planned, after senior leaders departed earlier in 2024.