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NCREIF index shows earnings driving growth in US timber markets

While the sector improved in Q3, Forest Research Group economist Jack Lutz tells Agri Investor the next quarterly report will provide a clearer picture of the market’s response to the US-China trade dispute.

Exclusive: NZ Super Fund considering first investments in US agriculture

New Zealand’s sovereign wealth fund is aiming to increase its ag weighting to 3% of its assets and is increasingly looking offshore to achieve this, following its first move into Australia in 2017.

ACERA to make ag and timber pledges in effort to boost real assets

As it scouts the market for private infrastructure, timber and farmland funds, the $8.1bn pension has created a temporary allocation to invest in passive vehicles offering exposure to the same underlying assets.

Soaring commodity prices and rising land values ‘boosting Australian forestry’

We catch up with New Forests chief executive David Brand as the firm starts to deploy its A$873m third fund dedicated to the region.

Exclusive: SLM closes debut deal from Irish timber fund and secures five more

The manager, which hit a first close on the €50m vehicle in March, will have deployed 10% of capital gathered once the transactions complete.

Is Phaunos a one-off secondaries deal or a sign of things to come?

Stafford’s successful takeover of a $259m timber fund suggests most investors value a guaranteed exit today more than higher promised gains tomorrow.

Stafford poised to deploy two-thirds of $612m fund after winning Phaunos battle

The secondaries firm expects to receive more acceptances of its hostile bid for the $259m timber vehicle after a majority of shareholders approved it last week.

Timber investment central to NZ Super Fund’s strong returns

New Zealand’s sovereign wealth fund has namechecked its 42% stake in Kaingaroa Timberlands as a strong performer in FY18.

Crunch time for Stafford as Phaunos board recommends rejecting its $259m final bid

The secondaries firm is aiming to convince more than half of the timber fund’s shareholders by Saturday – a task likely made easier by the withdrawal of a rival bid last week.

Exclusive: Stafford hires ex-headhunter as ag chief in asset class push

An alumnus from Macquarie’s Pastoral Fund has also joined the secondaries specialist just a year after the firm made its first investment in agriculture.

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