Impact Ag SPAC strikes A$780m deal for Australian Food and Agriculture Company; TRS Louisiana to invest $150m in farmland over the next three years; Global cotton oversupply means prices face downward pressure; FinnFund unveils biodiversity framework; and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.
Australia’s opportunities in natural capital made it a natural fit for the US-listed Agriculture and Natural Solutions Acquisition Corporation.
The pension has a 2% target allocation to the asset class.
It will not just be ESG pioneers and natural capital specialists integrating biodiversity into their investment processes.
Macquarie’s Viridis Ag lists cropping assets; Australian regulator to scrutinize private markets more closely; Laguna Bay to sell Queensland farms; AIMCo agrees to acquire Kimberley Meat Company; Mekong Capital prepares regen ag-focused fund; Vestar Capital Partners recapitalizes Roland Foods. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.
The assets, known as the Alcheringa Aggregation, are located in Western Australia’s Wheatbelt region and are being sold following significant upgrade work.
ASIC has expanded its strategic priorities to include ‘consistency and transparency across markets,’ which will include scrutiny of private investments.
The Vail, Colorado PE firm’s recent acquisition of organic beef brand Verde Farms is an example of its investment strategy focusing on companies that improve health.
A 108ha section of the Carpendale Portfolio has been set aside for a trial of carinata to be used in the production of sustainable aviation fuel.
New Agriculture will manage the farmland associated with KMC but not the processing facility itself, building on AIMCo’s previous deals in the region.