Clare Pennington

The Canadian farmland investment manager has now fully invested its previous 2014-vintage C$261 million oversubscribed fund.

KKR India director of capital markets Tashwinder Singh tells Agri Investor how his firm used local financing pools, including its non-banking financial company KKR India Financial Services, to invest in a structured deal in value-added dairy company Kwality.

The firm's prior timber fund VII held a final close $84m above target last year, and is now 96% invested.

The Barcelona firm has bought a 25% equity share in the company, to be bolstered by co-investments from European institutional investors.

The firm's investment into Indian dairy shows a strong belief in its potential, but with the need to build procurement infrastructure, it's not a deal just anyone can do.

The public-private fund will see Duet open an office in Nigeria, as it provides credit and equity for six food and beverage companies.

The $14.2bn fund is investing in a pellet-producer with a guaranteed supply chain from Weyerhauser to sell to power plants in the UK.

The appointment follows an annual report revealing the UK DFI made the highest level of investment in its history last year.

As the US market heats up, domestic investors are looking south to expand their timber portfolio and local governments will need to play their part.

The farmland investment firm is raising a second fund, after closing its first on $173m last year.