Fundraising

The Melbourne-based GP is targeting 10-12% returns for its new vehicle, building on the 2019 launch of its Diversified Agriculture Fund.

Managing partner Reuben Munger says the Sustainable Asset Fund exceeded its $1bn target and the four and a half month fund raise reflects investor appetite for sustainable real assets.

Founder Josh Tetrick says becoming a public company ‘makes sense’ for Eat Just as it seeks to change global food value chains and attracts sovereign wealth funds.

In a shift in strategy since its rebrand, Aware Super is ‘not really focused’ on supporting new fund managers or blind-pool funds, senior portfolio manager Mark Hector says.

Co-founder Craig Reeves says the project finance biogas fund could end up raising 'significantly more' than it’s first-year target of $50m to $75m.

Co-founder David Rosenberg says he saw risk in allowing other companies’ technology to define the category for public market investors.

The San Francisco-based start-up launched an Asia-based JV with Proterra Investment Partners last year and won the global race to have cultured meat product approved for consumption.

Crowdfunder FarmTogether has identified a $1.1trn opportunity in the US within the $1m to $10m segment of the market, which it believes will appeal to institutional investors.

Managing partner Emanuel Citron says ag and water are both of interest to the firm’s strategy of pursuing impact through investments into asset managers and financial services firms.

The start-up has been involved in farmland assets with double-digit values and expects to be ‘active across the spectrum of size,’ says CEO Carter Malloy.