Daniel Kemp
A group of investors debated the merits of considering nature-based solutions as part of an infrastructure portfolio, arguing that stable long-term offtake backed by real assets could make it a close fit.
New Forests has appointed Michelle Elliot to the newly-created role, alongside Sanjiv Louis who as joined as director, investments Asia.
The $873m ANZFF3 has acquired part of Otiwhiti Station in New Zealand with a view to establishing and managing new production forests on the land.
Seviora Capital’s T3F strategy has raised $173m to date for a 10-year closed-end fund focused on early-stage investments in agri-food companies across APAC.
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.
Manulife Investment Management’s agreement with the Indonesia Investment Authority will focus on real estate investments initially, to support the country’s logistics sector.
The deal to delist Costa Group now only requires the formality of Foreign Investment Review Board approval to complete, with the firm set to become a private company again after listing in 2015.
Former AACo CEO Hugh Killen will lead the firm in Australia as founder Bert Glover shifts internally to oversee growth in the US.
Following protests over ag-related environmental policies in Australia, Spain, France and the Netherlands in recent years, German farmers came onto the streets this month in a reminder of how quickly political decisions can raise the ire of farmers.
New Forests’ second Tropical Asia Forest Fund has ended up raising less capital than its predecessor, which closed on $170m in 2012.