Green Triangle timber forest in Australia
The deal with Rayonier marks the asset manager’s first forestry investment in the US South.
IFC seeks partners to double its annual agribusiness investment; weighing the impact of a Trade War II; Agri Investor Awards nominations window closes on Friday; Ceres Partners makes two hires as it pushes into US water investment; and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. Tips and feedback to: binyamin.a@pei.group.
Grain farm, wheat harvest
The Kinbeachie Aggregation could be worth more than $65m, far more than PSP paid for it five years ago.
The Japanese institution will invest $20m for the stake, with Pollination looking to support Mizuho’s clients and mobilize capital for its projects and investments.
Hispanic foods
Corporación Multi Inversiones will become majority shareholder of the Hispanic food company with Palladium retaining a minority stake.
Tree planting, afforestation, timberland
The firm has a long-term target of securitizing its forestry assets around the 10-year mark as an exit strategy for its private investments.
The firm previously said it has agreed offtake agreements worth 'more than $50' per carbon credit.
Managing director Scott DeVos says Lil Bucks will be attractive to larger consumer packaged goods companies.
Pine trees, forestry
CDPQ managing director Nicolas Leyssieux says the regional timber platform established with Oregon-headquartered Chinook Forest Partners could surpass $200m in value.
Thailand food market
Adaptation to climate change and increasing agricultural productivity will be key areas of focus for Mandala Capital SSEA Food Fund.
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