Fundraising

Abu Dhabi Investment Office will provide the funding via a mix of cash and non-cash incentives over the next three years.

The business will focus first on growing leafy greens and herbs, using a ‘smart’ system for indoor farms, to produce more using fewer resources.

Regal will also help raise funds for the Kilter Water Fund, while two of its directors will join Kilter’s board.

Teachers’ Retirement System of Louisiana deputy CIO Maurice Coleman tells Agri Investor the vehicle’s strategy includes agriculture among its target sectors.

GPs may be reluctant to think about diversity in their own teams; at some point they will not have a choice.

The fund has already raised more than $250m, mainly from Taiwanese life insurers, and will focus on attracting commitments from public pension funds over the next year.

The manager is currently raising its Food Fund 2, which held a first close on $125m and is targeting a final close on $300m by the middle of next year.

Trade tantrums have yet to deter North American managers from raising ag-focused vehicles – with reasonable success. What is behind the asset class’s resilience?

Laguna Bay Pastoral Company boss Tim McGavin says the firm will probably launch a successor vehicle to its A$280m Australia and New Zealand-focused fund 'in the next year or so.'

The trans-Tasman manager has sealed the two final deals funded through the vehicle by purchasing two assets from The Rohatyn Group.