Food Initiative director Noah Coen-Cline says the Growing Justice initiative reflects an effort to engage directly with communities impacted by its grants aimed at supporting sustainable food chains.
The Clean Energy Finance Corporation has committed A$30m to Wyuna’s first fund, alongside property firm the Goodman Group.
A July filing from the agricultural investment manager referenced provisions of an agreement that prohibits the firm from raising a successor fund.
New Harvest, chaired by industry veteran Don Mackay, is aiming to hold a first close of A$150m before the end of 2022.
The Paris-based firm will target sectors including robotics, specialty ingredients and carbon farming for its follow-on vehicle.
McKinsey intends to be among LPs in the latest iteration of the firm’s flagship agribusiness fund, according to materials provided to the State of Connecticut Investment Advisory Council.
Laguna Bay Fund 2 has raised all its capital to date from Washington State Investment Board and is targeting A$750m in total.
The firm raised the figure from existing investors and has also made three new hires across its natural capital platform.
Partner Richard Boos says the direct and indirect impacts of issues such as inflation and the Russia-Ukraine war mean raw materials for food products through to packaging and logistics have been affected.
Managed by US-based asset manager International Farming, SFT could become the first farmland-focused investment trust listed on the London Stock Exchange.