Daniel Kemp
The firm's debut ag fund encountered few hurdles when bringing in foreign money but its CEO says fresh regulation could now make such transactions more difficult.
Western Australian Farm Investment Fund is targeting 13.5% IRR but has received little interest from domestic superannuation funds.
Australia’s largest honey producer recommends Wattle Hill and Roc Capital’s joint bid, which values the company at $137m.
Agribusiness Australia’s CEO tells us the opportunity to invest in the country’s agriculture is ‘still strong’ as the group teams up with the National Farmers’ Federation to drive growth.
Heavyweight Australian investors back a new workplace diversity initiative as LPs admit the issue is a factor in their investment decision-making.
Select Equities hopes to raise A$100m from a majority of domestic investors before listing the Bio Fund at a 20% to 40% premium. We zoom in on the mechanics of the 'private-to-public' vehicle.
The Australian firm has received 'a lot of inbound approaches' regarding its private markets business since coming under attack from US short-seller Glaucus in March, says a company source.
Requirement to be government-approved means overseas buyers face bill of up to A$100,000 before they can take part in farm sales.
One Tree Agriculture is offering the Goodiwindi aggregation for sale as a whole or in its three parts, making it a potential target for corporate or local buyers.
Laguna Bay Pastoral Company boss Tim McGavin says the firm will probably launch a successor vehicle to its A$280m Australia and New Zealand-focused fund 'in the next year or so.'