Louisa Burwood-Taylor
The US public pension giant has committed $250m to a separate account managed by Wood Creek as well as $50m to ACM’s ‘permanent crops’ fund, which aims to raise $250m.
The Nigerian government made two commitments to the fund that is targeting $100m to provide agribusinesses in the country with growth capital.
The farmland portfolio sold for $115 million and ends the nine-year life of Assiniboia’s listed vehicle.
Danica Pension is the latest LP to join the platform, preferring direct investment to committing to a fund.
A $5m investment into a Kenyan flower exporter represents one of the $100m Fund I's final deals, as the firm readies a first close for Fund II.
Adveq Real Assets has bought Olam Australia’s almond orchards; one of the year’s largest agriculture deals.
The fund attracted commitments from ‘less than five’ institutions, some of which were investing in the asset class for the first time.