Field Notes

We reveal the winners of Agri Investor’s Global Awards; take a look inside Aqua Capital’s $450 million close; a new report backs the importance of Australia’s carbon market; McKinsey finds limited take-up of ag sustainability practices ag, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. Tips and feedback to: binyamin.a@pei.group.

Aqua Capital surpasses its $400m target to close Fund III on $450m; climate vehicles have raised $9.4bn across 41 funds since 2022; Toniic has made a commitment of undisclosed size to Conservation Resources' Impact Agriculture Strategy; Brazilian beef’s climate challenge, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.

China lifts Australia wine tariffs after three years; World Fund has hit a €300m close on its debut vehicle; Royal London has made its first natural capital investment; we take a closer look at Munich Re’s farmland play, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. Tips and feedback to: binyamin.a@pei.group.

Returns for Australia farmland fall below zero, according to ANREV; Acre Venture Partners closes its $140m Fund III; farmland buy-and-lease strategies go open-end; Olam opens bidding war for Namoi cotton with Louis Dreyfus; and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.

Why Fiera Comox waited six-years for Innoliva to present itself, Agtech fundraising falls to lowest level since 2017, Mirova hits €195 million on €300 million climate fund, New Forests makes two senior hires, deals round-up and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.

Broadacre farm income is expected to rebound this year, SURS Illinois is looking for an agri GP, Hatch Blue hits €75 million second close, Ardian and partner firm aDryada both recruit for nature-based solutions fund, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. (Tips and feedback to: binyamin.a@pei.group)

Forestry GPs ‘retool’ for natural capital, UK’s biodiversity market opens for business, MEAG forestry fund hits $207 million first close, the USDA is warned about changes to ‘climate smart’ list’s impact on carbon capture, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only. Tips and feedback to: binyamin.a@pei.group.

APG, PPF and UniSuper’s forestry business Forico looks to waste for sustainable energy; and Molpus and Drax eye their own long-term forestry biomass energy generation plans. Plus: Gresham House targets a $380 million raise for a biodiversity fund; New Forests signs first deal from its sophomore tropical forest fund, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.

Fiera Comox establishes a strong foothold in Western Australia; EXEO Capital explains why abalone is a good currency hedge for South Africa; Eastwood Forests begins deploying Sumitomo-backed natural forests fund; Nuveen takes another wine asset, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.

California delivers first negative net farmland return since 2009, inside Louis Dreyfus Company’s Namoi Cotton acquisition, Manulife signs Indonesia SWF deal, PAI Partners’ British chilled food play, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.