Chuck Stanley
Apollo is still building on its platform Pinnacle, which acquires and scales up agri inputs businesses, but will look opportunistically at other agribusiness assets with its latest fund.
Impact investment firm Gratitude Railroad is targeting $40m to invest in organic dairy and beef operations in the US south-east.
UFF managing director Duncan Vink says the fund will look to invest in on-farm improvements and scaling up for smallholders.
The funding will go into expanding CerradinhoBio's production capacity for sugar ethanol and bio-based electricity.
The purchase brings diversity to the farmland REIT's portfolio, which is focused on horticultural crops.
Key members of staff can now make larger forestry investments without committee approval.
Aberdeen senior investment manager Ryan Sullivan says growing investor interest should bolster permanent crop prices against dramatic falls.
After VC investors flooded the agtech sector with a record $4.6bn in 2015, this year has seen a decline reflecting a broader slowdown in venture funding.
Pegasus Agri-tech, one of the largest hydroponic farm owners and operators in the MENA region, is to build a facility in Florida.
The REIT has also added a 70-acre strawberry farm in Florida to its portfolio.