Real Assets

The investment firm hired former Goldman Sachs and JPMorgan professionals to focus on real assets in its San Francisco office.

Colin Butterfield, who managed Brazilian farmland investments for a TIAA-CREF and Cosan Alimentos JV, will lead the university endowment's natural resources strategy.

Apollo is still building on its platform Pinnacle, which acquires and scales up agri inputs businesses, but will look opportunistically at other agribusiness assets with its latest fund.

The decision to appoint Stephen Thompson chief investment officer is a sign that the company will quickly build up its retail and downstream capacity.

The funding will go into expanding CerradinhoBio's production capacity for sugar ethanol and bio-based electricity.

The international financial institution invested $20m in Beijing-headquartered Hosen Capital's previous agri-focused fund

Key members of staff can now make larger forestry investments without committee approval.

The REIT has also added a 70-acre strawberry farm in Florida to its portfolio.

A USDA report shows gains in Southeast and Pacific cropland were outweighed by declines in the major grain-producing regions of the US.

The agri-focused investment firm has already contracted A$38m in water entitlements for an ASX-listed company.