The firm has also opened an office in Boston, which it says makes its fund the first independent food and agriculture fund with a presence in both Europe and America and the largest in Europe.
Aquila Capital will hold a close on its forestry fund, Aquila Sachwert Basisfonds I, in the middle of the year, and is looking at satellite investments in Latin American countries like Uruguay.
The fund aims to shield Glanbia Co-operative Society dairy suppliers from market volatility.
The Chinese agribusiness is raising a 3bn yuan fund, and is also seeking $450m through Hosen Capital.
Hemp-focused private equity firm General Hemp is a cornerstore investor in Medical Marijuana, which plans to use the funding for clinical trials and expansion into Latin America.
The sustainable forestry fund will acquire clear-fell forest land in Ireland for conversion to continuous coverage management.
The early stage company-focused fund should be fully deployed by 2017, while the launch of a second fund is expected in mid-2016.
The fund targets own-and-operate cattle production assets in Australia and already holds over a million hectares.
The Global Environment Fund is also raising a African Sustainable Forestry Fund II, which could hold a first close later this year.
The New Mexico State Investment Committee has increased its timber exposure to $375 million, and is banking on a resurgent US housing market to boost forestry returns.