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Argyle Group will become a pure-play water rights investment manager under the Regal banner, sitting alongside Kitler Rural and Merricks Capital.

As some other private markets have recorded surprising figures to varying degrees, agri-food and forestry appears to have slipped back into its happy medium.

The development finance institution said the ticket represents its first commitment to an institutional forestry fund.

H1 2024 fundraising for dedicated agri-food and forestry vehicles hit $5.1bn, representing the biggest half-year figure since 2021.

The British company specializes in helping food businesses measure and reduce the environmental impact of their products.

Koral is a producer and distributor of salmon products.

The firm initially took a minority position in the business in 2020 and has now taken a majority stake.

The firm’s new forestry team has a track record of sourcing off-market deals, and its CEO believes it can cash in on LP goodwill to raise capital quickly.

The MD of Laguna Bay likened a land tax on foreign investors in Queensland to ‘kicking own goals’ and said it had ruled them out of further investment in the state’s farmland.

With warm-climate wine on a downward spiral, GoFarm is pressing ahead with its strategy of redeveloping vineyards for horticultural use.