Coronavirus

Regulatory risk and climatic conditions are the culprits behind a drop in the value of water entitlements in the southern MDB, the first in four years.

Placement agent First Point Equity is working with a US-based GP that is raising a private credit fund for farms with liquidity constraints caused by the pandemic.

Riparian Capital Partners managing partner Michael Blakeney said there is ‘no shortage of opportunities’ for investors but some processes may take a longer to execute due to current restrictions.

Distressed debt and special sits, food production, healthcare and certain VC strategies have received growing attention as a result of the coronavirus crisis.

Estimates suggest that anywhere between A$27bn and A$50bn could be withdrawn from superannuation funds, but there should be adequate liquidity in the system to cope.

The health crisis has drawn more attention to food production and security issues, renewing a focus on farmland investing, Area One Farms CEO Joelle Faulkner said.

With a further $14bn injection into the USDA expected to land in July, the intervention suggests trouble runs deep – the reality is a little more complicated.

The asset manager has pushed back fundraising to Q3 2020 due to due diligence constraints but was able to pull forward the acquisition of a beef property.

Agriculture and bioeconomy loan program intended to part-fund corporate projects worth €15m to €200m could provide working capital loans.

CEO Jeff Dunn says that over the next few years, the Butterfly-backed carrot and juice supplier plans to double the capacity of an Arizona processing facility acquired from Rousseau Farming.