The TIAA affiliate has bought a portfolio from Gaylon Lawrence Jr, a Nashville-based investor with holdings that include regional banks, an air conditioning company and farmland assets estimated at 180,000 acres, sources told Agri Investor.
In the wake of a wave of direct investments in the sector, a September editor's letter focused on the opportunity for ambidextrous firms to offer a range of services aside from raising and investing third party funds.
In June Agri Investor attended Equilibrium Capital's annual forum in California and heard a variety of speakers including TIAA-CREF's John Goodreds who spoke about misplaced fears of a land price bubble in the US. Read his comments below.
The second Swedish pension fund is to audit its Brazilian farmland assets – part of its commitment to TIAA-CREF Global Agriculture LLP – to ensure they adhere to sustainability and corporate governance principles.