Louisa Burwood-Taylor
Agriculture fund managers in Australia had a generally positive view of the recent Australian budget, despite the general dissatisfaction among other sectors in the country.
John Baker, chief executive of First Agriculture Holdings, tells Agri Investor why he has decided to go down the agri REIT route.
The Lagos-based private equity firm has bought a catfish and tilapia fisheries facility in Nigeria as it plans to invest more into the agribusiness sector.
As the diversity of agri funds grows, and the credibility of their management improves, there is an opportunity for a thriving fund of funds market to mobilise institutional investors.
The US-based fund has closed on $124m after gaining commitments from three institutions, including the Washington State Investment Board.
The UK-based firm is set to launch a $250m private equity fund investing into coconuts and neem in Brazil and is targeting family offices and high net worth individuals for the first close.
The European Bank for Reconstruction and Development invested €871m into the agribusiness sector in 2013, including €60m in commitments to the southern and eastern Mediterranean region.
India's agriculture sector is picking up pace and was worth $151bn in 2012, according to data compiled by the India Brand Equity Foundation (IBEF).
Some Australian forestry assets on the market are being priced at around 50 percent lower than 10 years ago as the typical life cycle of trees bought in the early 2000s comes to an end.
A development equity is the perfect way for development finance institutions and private equity investors to invest together, writes Duncan Owen, senior managing partner of Phatisa.