Commodities

Roc Partners partner Frank Barillaro said that many blue-ribbon Australian farmland assets sold to offshore investors may never come back into domestic hands, with superfunds still reluctant to participate in the market.

Founder Paul Pittman discusses a defamatory attack on Farmland’s stock, as well as his firm’s forays into private farmland markets.

Despite all the buzz around the benefits of regenerative farming practices, there have been few private market vehicles dedicated to supporting the transition. That could be about to change.

The growth and agtech vehicles have received strong interest from North American institutional LPs, with LACERA having already committed $100m to the funds.

Sam Doyle will help manage the Bonnefield Integrated Agriculture Fund, which seeks mid-teen returns for global investors by building on the firm’s position in Canada’s historically hard to access farmland markets.

The trio have teamed up to accelerate and scale regenerative farming practices with a €1bn impact fund that will invest in the enabling process.

The deal will help Climate Friendly ‘accelerate delivery on its purpose’, Adamantem Capital said, with the firm rapidly growing since an initial 2021 investment.

The India-focused agtech investor is targeting a $65m first close by October this year, with its second fund now 80 percent deployed.

Farmland values are higher than ever and some investors think there is still further room for growth thanks to the role additional revenue from carbon sequestration will have to play.

The British fund manager has also closed its first timberland deal in New Zealand, taking a 25% stake in a permanent forestry asset.