As some other private markets have recorded surprising figures to varying degrees, agri-food and forestry appears to have slipped back into its happy medium.
The development finance institution said the ticket represents its first commitment to an institutional forestry fund.
H1 agri-food and forestry fundraising hits $5.1 billion; Fiera Comox launches open-end timberland fund; Manna Tree Partners takes majority stake in Verde Farms; Palladium Equity Partners appoints Daniel Ilundain as president; 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.
H1 2024 fundraising for dedicated agri-food and forestry vehicles hit $5.1bn, representing the biggest half-year figure since 2021.
The British company specializes in helping food businesses measure and reduce the environmental impact of their products.
Koral is a producer and distributor of salmon products.
The firm initially took a minority position in the business in 2020 and has now taken a majority stake.
The firm’s new forestry team has a track record of sourcing off-market deals, and its CEO believes it can cash in on LP goodwill to raise capital quickly.
The MD of Laguna Bay likened a land tax on foreign investors in Queensland to ‘kicking own goals’ and said it had ruled them out of further investment in the state’s farmland.
With warm-climate wine on a downward spiral, GoFarm is pressing ahead with its strategy of redeveloping vineyards for horticultural use.