World Fund's debut vehicle closed on €300m, with backing from the European Investment Fund, KfW Capital and BPI France, among others.
The Sao Paulo-headquartered firm has already deployed more than 50% of the vehicle.
Proceeds from the sale of the Sunshine Farms aggregation will support AAM’s strategy of diversification and a shift downstream in the supply chain.
A group of investors debated the merits of considering nature-based solutions as part of an infrastructure portfolio, arguing that stable long-term offtake backed by real assets could make it a close fit.
China lifts Australia wine tariffs after three years; World Fund has hit a €300m close on its debut vehicle; Royal London has made its first natural capital investment; we take a closer look at Munich Re’s farmland play, 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.
An end to Chinese import duties on Australian wine could mean the revival of a billion-dollar export market but winemakers are also mindful of the need to diversify.
The first-time fund received backing from European Investment Fund, KfW Capital and BPI France, among others.
The plant-based protein business said it achieved profitability and a 500% growth rate between 2020 and 2023.
The firm has entered into a JV with South Yorkshire Pension Authority, which has curated the 21,000-acre asset over the last 40 years.
Munich RE Group asset manager MEAG has built up a €500m farmland portfolio for the insurer through a disciplined upstream approach.