The Montreal-headquartered firm’s open-end vehicle has recently expanded into European tree fruit through its acquisition of a majority stake in Spanish apple, pear and cherry producer Orchard Fruit Company.
Tenacious Ventures will build on the A$35m close of its first fund, which surpassed its target and raised capital from the Clean Energy Finance Corporation, among others.
From intriguing fund launches to clear indications as to which sectors in the agri space are attracting the most capital – find out which stories have received the most interest.
QIC plans to raise at least A$500 million for the Queensland Natural Capital Fund, its first commingled agriculture and natural capital fund.
New Zealand Rural Land Co, which listed on the NZX in 2020, now owns 11,710ha of rural land on New Zealand’s South Island.
CEFC’s investment will be used to help Paraway Pastoral Co achieve a target of cutting on-farm methane emissions by at least 30% by 2030.
Aqua-Spark and BASF invested in Sea6’s Series B, giving Tata Capital Innovations Fund a partial exit.
Co-founder Adam Waglay says the firm’s ability to offer a menu of co-investment options has played a key role in helping Butterfly become a ‘partner of choice’ for leading LPs.
The Premium Food Fund has made five investments to date and is 40% committed, with another two or three deals over the next two years set to take it to full deployment.
Managing director Stavros Koutsantonis says the firm’s first farmland strategy overlaps with its participation in the AIM for Climate collaboration between the US and United Arab Emirates.