New Forests’ ANZLAFF is its fourth fund focused on Australia and New Zealand, investing in plantation forestry, infrastructure and agriculture.
The New York-headquartered agribusiness firm will target 20-25 percent gross IRR through a mixture of control and growth equity investments from the fund.
Fifteen percent of the vehicle’s strategy will be devoted to loans of up to $25m to row and permanent crop operators who will be advised by the firm’s network of regional farm managers.
Frederik Östbye says the investment falls under Aliaxis Next’s remit to focus 30% of investments in markets that could impact the water engineering parent company’s business over the long term.
The Japanese insurer has confirmed its first-ever investment in a farmland strategy.
The firm’s latest forestry vehicle is eyeing price projections suggesting a single credit could sell for more than $30 on the voluntary market by 2030.
Essex Pension Fund becomes the first LP to commit to Stafford’s first timberland fund which has carbon credit revenue built into its returns profile.
The Sustainable Forestry and Natural Capital Fund will target an 8% to 9% net IRR over the 10-year life of a fund designed to target mitigation, carbon and water conservation opportunities.
The French integrated services provider was founded in 2014 and is poised to expand its offerings and geographic reach.
Bregal Sphere has made its debut with a natural capital investment, putting this 'increasingly important asset class' at the centre of the firm's new impact strategy.