Colin Fitzgerald is leaving the Canadian fund manager, which has $11 billion in timberland and agricultural assets, amid other senior executive changes.
COP29 has finally kick-started Article 6 of the Paris Agreement to establish transparent carbon markets, but critics warn unresolved flaws may undermine emissions reduction efforts.
Managing partner Martynas Samulionis says some of the investors that became more cautious in the immediate aftermath of Russia’s 2022 invasion of Ukraine are slowly returning to Eastern European markets.
Farmland buy-and-lease meets infrastructure in the second part of our Deep Dive; BNPP AM hits $130 million first close for debut forestry fund; BTG Pactual raises $500 million for $1 billion forestry vehicle; Area One Farms reaches C$127 million first close on Fund V; Gresham House appoints global director of natural capital, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.
In the second installment of our Deep Dive into buy-and-lease farmland strategies, we speak to five GPs who have expanded their real asset plays to incorporate agricultural infrastructure.
Eoin McDonald has previously worked with Nuveen Natural Capital and Insight Investment.
Future Fund will appoint a new executive director, energy transition, and assess new strategies for further investment in domestic infrastructure.
BNPP global head of finance David Vaillant says the vehicle was launched in response to demand from clients.
The farmland strategy has swung wholesale from being almost exclusively a closed-end play to an open-end strategy – but its evolution is far from over.
The 2021-vintage fund has been backed by a host of DFIs and has struck long term carbon credit deals with tech giants Microsoft and Meta.