Timberland

The firm has invested more than €2bn in timberland for Munich Re Group since 2009 and has built up a 400,000ha portfolio.

The funds will be used on a project to build semi-permanent canal blocks through the peat swamp forest that will raise the water table and restore degraded land, New Forests said.

Tasmania is surrounded by sea and so has no land-based neighbors but an abundance of trees and renewable energy make the Australian state an ideal location for an e-fuel facility, Forico says.

An agreement between UK-based Drax and Molpus Woodlands Group shows how plans to build bioenergy with carbon capture (BECCs) projects could create new pulpwood demand in the years ahead.

Chief executive Alex Finkral says the firm’s Sumitomo-backed debut fund takes a broad approach to generating returns but neglecting carbon would mean 'you are probably doing your investors a disservice'.

Annual fundraising for 2023 has slotted into the 8.2bn five-year average as 2022 emerges as the market’s major slump-year since 2018.

The firm expanded its partnership with iCapital last year to include access to farmland investments through its open-end Global Farmland Fund.

The firm raised $945m across its secondaries and carbon strategies in 2023.

The non-profit asset manager was launched by three partners to invest exclusively in the US state of Maine.

The third acquisition for the Roc Agri+ Infrastructure Fund is also Roc Partners’ first agricultural investment in New Zealand.