John Baker, chief executive of First Agriculture Holdings, tells Agri Investor why he has decided to go down the agri REIT route.
The Lagos-based private equity firm has bought a catfish and tilapia fisheries facility in Nigeria as it plans to invest more into the agribusiness sector.
The new commitment by the Washington State Investment Board was approved at an April board meeting and takes its total commitment to agri to $650 million.
The US-based fund has closed on $124m after gaining commitments from three institutions, including the Washington State Investment Board.
The subsidiary of Calavo Growers, the fresh produce and farm products company, has raised $10m to fund its fresh food distribution platform ahead of an August launch.
The real assets firm has partnered with ECPI to offer co-managed sustainable investment opportunities to its investors.
The UK-based firm is set to launch a $250m private equity fund investing into coconuts and neem in Brazil and is targeting family offices and high net worth individuals for the first close.
The European Bank for Reconstruction and Development invested €871m into the agribusiness sector in 2013, including €60m in commitments to the southern and eastern Mediterranean region.
Some Australian forestry assets on the market are being priced at around 50 percent lower than 10 years ago as the typical life cycle of trees bought in the early 2000s comes to an end.
The Australian agriculture manager is planning to launch a dairy fund and has hired Deo de Jesus as senior analyst for the new project.