The investment manager has created the new role to support its ambition of creating a global platform of natural capital strategies.
Annual cropping continue to strongly outperform permanent farmland in the Australian Farmland Index, although returns were still only slightly in positive territory.
QIC has backed Pollination’s new venture capital fund, which is aiming for a final close in 2025.
The vehicle received a £50m commitment from the South Yorkshire Pensions Authority to hit the fundraising milestone.
More corporatization is occurring as the younger generation sells off family assets to investors who may be better placed to deal with the industry’s growing challenges.
Director of innovation Heather Thompson says a commitment to Cultivian’s Fund III opened the company’s eyes to the variety of agtech innovation and led to the launch of its VC unit.
Regal Partners to acquire Merricks Capital in $235 million deal; Mirova, Temasek and TPG back 100,000ha South African restoration project; EIP hits $235 million first close; VC firm ZCC takes £20 million for Fund II; deals round-up, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.
Merricks Capital, which manages the A$470m Agriculture Credit Fund, will become part of ASX-listed Regal Partners in July 2024.
The Queensland-based fund will seek to deploy more capital in its home state, building on existing investments including the QLD Regional Livestock Exchange.
Santa Barbara County Employees' Retirement System announced its latest fund commitment on 22 May.