Consumers in the US remain unconvinced by the prospect of cultivated meat, while a fundraising slump may also affect the industry’s chance of success.
Mekong Enterprise Fund IV is nearing full deployment across a diverse range of investments, including in the regenerative agriculture space through biochar fertilizer company Husk.
Roc Partners JV targets A$250 million for carbon credit fund; Arbor Investments Fund VI takes $50 million ticket from Contra Costa County; Nest establishes evergreen fund of one to invest in forestry; Stafford Capital Partners acquires $60 million afforestation timberland in New Zealand and Brazil; deals round-up, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. Tips and feedback to: binyamin.a@pei.group.
Silva Capital, a Roc Partners-C6 joint venture, seeks to deliver carbon credits through the reforestation of farmland while maintaining agricultural productivity.
The Californian pension also made a $65m commitment to the Altor Climate Transition Fund I.
CEO Angus Whiteley says the firm is seeing fewer timberland deal opportunities in Europe due to limited scale and high prices propped up by subsidies.
With government water buybacks hanging over the market, investors have been striking early to secure entitlements before prices inevitably rise.
Campbell Global will invest the vehicle on behalf of the defined contribution pension scheme and will not pay performance fees to the JPMorgan subsidiary.
Australian water entitlements drop in value; IFM Investors and Graincorp sign MoU on sustainable aviation fuel; Helios Investments hits $200 million first close on CLEAR Fund; Rabobank’s pork quarterly shows confidence returning; Rural Funds Management to sell Dyamberin cattle station; L Catterton invests in Chinese beverage company Viee. Tips and feedback to: binyamin.a@pei.group.
IFM’s Danny Elia says Air New Zealand backtracking on its emissions target is all the more reason to press ahead in developing an Australian sustainable aviation fuel industry with haste.