Chris Janiec
The $10m loan will support National Fisheries Developments’ addition of a new vessel as part of ongoing efforts to increase employment in the South Pacific nation of 635,000 people.
The $12.3bn pension has invested in Folium Capital’s debut agricultural vehicle, which is understood to be seeking mid-teen returns from a strategy focused on Europe and the Americas.
The UK-based DFI plans to use the farm as a hub for a regional development effort aiming to stimulate commercial agriculture in the southern African nation.
Timber investments from the $139bn Ontario Teachers’ Pension Plan began in 2002, later complemented by an agricultural program launched in 2014. Portfolio manager Stephen McLennan tells Agri Investor about inflation, size requirements and the advantages of a direct investment approach.
Twelve universities have received grants of up to $6.5m to work on issues that include improving spinach production, developing new grape varieties and creating a domestic stevia industry.
Founded last year, the Washington state-headquartered firm will pursue a strategy calling for hold periods of 15 years or more.
Family Farms Action, an organization that will soon have the power to support political candidates, plans to research how institutions can support rural communities yet opposes foreign investment in farmland. We spoke with Joe Maxwell, its president and chief executive, to find out more.
Levine Leichtman has agreed to buy FlexXray, which uses X-ray imagery to help clients identify food safety incidents, amid a drastic jump in food recalls in the US.
The Detroit-based lower mid-market firm plans to combine Aquamar and LM Foods into a single platform focused on providing imitation crab meat to North American food service, food manufacturing and retail channels.
Former PSP Investments managing director Antoine Bisson-McLernon says establishing multiple partnerships with local operators is the key to scaling up in a very fragmented global agriculture market.