Climate Asset Management has acquired a Queensland asset used for sugar cane production, which it will convert to a more biodiverse macadamia orchard.
Co-founder Wayne Ebersole says the firm will pursue conventionally farmed properties that can be transitioned to regenerative practices in the Mississippi River watershed states.
Chief executive Jake Joraanstad says Bushel does not want to be a 'software company that’s owned by an ag company' and is plotting a path to becoming an independent software player.
Our first fundraising report for agrifood and forestry vehicles paints a bleak picture but the outlook for H2 and beyond shows signs of promise.
H1 2023 fundraising for agrifood and forestry funds dropped to $1.4bn, which is the lowest half-year figure since H1 2011.
The firm wants to build up to a portfolio worth £100m and is targeting a 10-12% IRR.
The UK’s Sustainable Disclosure Regime addresses a significant omission in the EU's SFDR: funds decarbonizing and transitioning assets to become more sustainable. What a shame, then, that the SDR has been delayed yet again.
Deployment in PE halved year-on-year to $3bn in Q2 2023, while dry powder across strategies stood at $100bn, according to the firm's second-quarter earnings.
The vehicle has made five investments to date and plans to build out a portfolio of 20-25 companies all geared towards supporting ocean health.
The Los Angeles-based firm just closed on $40 million for its debut fund, with commitments from Bank of America, 301 INC, Illumen Capital's Catalyst Fund, JP Morgan Asset Management, MassMutual and the Illinois Growth and Innovation Fund.