The bank will make a commitment of A$10m to New Harvest’s Indigenous Impact Investment Fund, attracted by its potential to support sustainable Indigenous Australian business growth.
The venture capital investor raised its debut $50m vehicle during the pandemic and hit its fundraising target in May 2021.
The firm is also gearing up to launch a venture capital vehicle that will make complimentary agtech investments.
Laguna Bay managing director Tim McGavin says DBJ is a ‘natural fit’ with the firm’s investment philosophy and hopes to secure further capital from Japanese LPs.
Perella Weinberg Partners has been appointed to find a US investor to take a 25% stake in NZ Rural Land Company’s existing portfolio.
Macquarie Asset Management has A$38.4bn of equity dry powder to deploy across all asset classes after another strong year of fundraising.
Managing partner Andy Wiltshire says large properties with distinct parcels suitable for agriculture and timberland development are available in countries where the firm already operates and elsewhere.
The evergreen fund has taken commitments from European institutional LPs and a collection of private investors.
Mekong Earth and Forest Fund will target companies that help mitigate climate change through the regeneration of forests and soil in the lower Mekong region.
The Harvard Management Company spin-out’s first vehicle was supported primarily by its former parent and $309bn insurance company, American International Group.