Fund Structure

Chief executive Paul Pittman is adamant the REIT should remain a public company and suggested a final decision on whether to restructure would come within about two years.

A broker active in the region that is LandFund’s focus tells Agri Investor high-quality farmland there is current priced at between $5,500 and $6,000 per acre.

Co-founder and president Joelle Faulkner explains to Agri Investor that she supports the ownership restrictions that necessitate distinct vehicles for partially and entirely Canadian pools of capital.

The vehicle targets family offices, DFIs, corporates and foundations as it eyes a first close by the end of the year, VC chief Selma Ribica tells Agri Investor.

Dallas Police and Fire Pension System investment manager Ryan Wagner tells Agri Investor that an ongoing review at the $2.1bn pension includes examination of fund structures most appropriate for an agricultural investor of its size.

European pensions are more comfortable with debt than equity when investing in the developing world, the Dutch institution's investment management chief tells us.

Two execs at the firm, which hopes to reach A$200m in AUM upon full deployment, say Canadian pensions are entering Australia ‘en masse and in a simultaneous fashion.’

Rick Greubel joins the food and agribusiness-focused firm while it continues to develop its $300m-$400m earlier-stage vehicle.

The Food for Generations fund looks to beat the MSCI World Index by backing a portfolio of public companies with minimal exposure to ag production cycles, says portfolio manager Stéphane Soussan.

Managing director Greg Richards tells Agri Investor that potential expansion of Fresh Innovations California could focus on the apple-growing regions of Michigan and New York.