Binyamin Ali

Managing partner GianPaolo Potsios said the firm was forced to ‘leave some money on the table’ because of due diligence restrictions but was able to secure roughly $120m from new investors.

The firm is 'seriously considering' a distinct forestry vehicle that would target institutional investors, with its latest series of deals set to take it beyond £100m deployed into the asset class.

Veripath Farmland Partners and crowdfunder FarmTogether, both of which cater to retail investors, have respectively hit AUM milestones of $160m and $100m this summer.

The Canadian farmland investment firm could reach $1bn within three years due to a combination of inflation and low financial market yields, says director and co-founder Stephen Johnston.

The UN body granted its firm direct loan to Nigerian impact enterprise Babban Gona, which has since received commitments worth $23m from other senior debt lenders.

The firm’s latest credit fund benefitted from renewed interest among large LPs and Wall Street banks beating a retreat after their post-GFC ag debt binge.

Managing partner Adam Anders says the sector has hit a ‘sweet spot’ where traditional VC investors, corporates and real estate investors are all paying attention to the space.

The blended-finance impact vehicle was initiated by the UN and has made five investments with underlying commodities such as cocoa, hazelnuts and timber.

The North Carolina-headquartered firm surpassed its hard-cap to close its distinct credit vehicle at $325m and took approximately $115m in co-investments.

The Canadian pension’s venture capital arm made its first agtech investment in June, as it used its direct investment mandate to enter the alternative protein space.