Thomas Mazarakis tells Agri Investor that changes in public opinion and cannabis investments by multinationals have helped remove the stigma deterring financial professionals.
Ed Carolan, formerly of Campbell’s Soup Company, has been hired to lead Lyons Magnus, which received an investment of an unspecified size from Paine’s $893m Fund IV in November.
Jerry Gates, who has led the firm’s real assets platform since 2011, is handing the reins for the position to the leadership team from Real Assets Portfolio Management, according to Agri Investor sister publication PERE.
The firm has opened offices in Chicago and Los Angeles as it continues expanding its secondaries advisory and fundraising business.
Datuk Ben Chan will relocate from Beijing to Hong Kong for the role of a regional managing director at the Canadian pension.
Wendy Norris will now oversee private equity and property alongside infra and forestry amid a restructuring at Australia’s sovereign wealth fund.
During Andrew Claerhout's tenure, the pension has come to define ag and timber as 'a core building block' of its natural resources strategy.
A subsidiary of Grosvenor Estate has put an ex-Cargill and Syngenta exec in charge of running its new office in Minneapolis.
Under Neil Cunningham's tenure, timber and agri have grown to represent nearly 90% of the Canadian pension's $3bn natural resources portfolio.
Guillermo Marroquin, whose responsibilities involved marketing ag funds at the Australian firm, will lead real assets efforts in North America at the placement agent.