real assets

The $4.2bn deployed over two decades in the Chesapeake Bay could provide lessons for investors and policymakers as the need for a private capital injection looms large.

Environmental Policy Innovation Center executive director Timothy Male says predictable public spending has helped make the 64,000 square mile ecosystem the country’s most receptive to private conservation capital.

BlueTriton’s dispute with the California State Water Resources Control Board will help demonstrate whether plans for more forceful regulation of water use will be shaped by dry conditions on the ground.

An improving commodity outlook and demand for passive investments meant annual cropland saw higher returns than permanent cropland in 2020 for the first time since 2001, said AgIS Capital.

Connections between inflation and agriculture remain strong, but changes in the way both are evaluated makes it hard to gauge the effects of pricing concerns spurred by Biden administration spending proposals.

Martin Davies says the market’s move from closed-end funds to permanent capital vehicles has shaped, and been shaped by, the changing nature of LP demand for farmland.

Senior VP Mike Cerchiaro says European and Asian LPs’ interest in timber helped drive a reorganization that also aims to deepen engagement with carbon sequestration and conservation finance.

Managing partner Reuben Munger says the Sustainable Asset Fund exceeded its $1bn target and the four and a half month fund raise reflects investor appetite for sustainable real assets.

A presentation to the pension details PGIM Agricultural Finance & Investments’ plan to raise $600m from a small number of investors and add to an existing $400m farmland portfolio.

Director of sovereign wealth research Javier Capape Aguilar says agriculture will be among key sectors in the near term for state-backed investors.