Fundraising

Sydney-headquartered New Forests is targeting $300 million for the vehicle, which will invest in assets in Southeast Asia.

Pollination founding partner Martijn Wilder says the ANZ investment ‘validates the business model’ and will turbocharge the firm’s next stage of growth.

The Australian fund manager describes the close as a ‘good result’ and expects to deploy all of the capital within the next few months.

Mitsui said the commitment would help it achieve net zero emissions by 2050, potentially offsetting more than 10m tonnes of CO2 emissions.

The Sydney-headquartered fund manager has secured commitments from the Clean Energy Finance Corporation and the SDG Kempen Farmland Fund for its Transforming Farming Platform.

Kilter Rural CEO Cullen Gunn says the mandate proves that GPs with low-carbon investment strategies ‘can gain significant investor support.’

The capital raised will be used to acquire a livestock aggregation in Queensland and two softwood timber supply chain businesses.

Packhorse Pastoral Company, whose thesis revolves around ‘Australian land for Australian investors,’ is raising more capital to fund two property acquisitions.

Packhorse Pastoral Company, which is targeting A$1.5bn in total for its first fund, has made a strong start after just six weeks of fundraising.

The firm’s latest credit fund benefitted from renewed interest among large LPs and Wall Street banks beating a retreat after their post-GFC ag debt binge.