Livestock

Laguna Bay managing director Tim McGavin says DBJ is a ‘natural fit’ with the firm’s investment philosophy and hopes to secure further capital from Japanese LPs.

Paraway Pastoral Company, owned by MAM’s Macquarie Pastoral Fund, will sell Borambil Station, Pier Pier Station and the Burmah Aggregation for a likely A$180m.

Perella Weinberg Partners has been appointed to find a US investor to take a 25% stake in NZ Rural Land Company’s existing portfolio.

Macquarie Asset Management has A$38.4bn of equity dry powder to deploy across all asset classes after another strong year of fundraising.

The Kilter Agriculture Fund will invest in farmland water and is targeting A$65m in a first fundraise that will close later this month.

Trivest made a non-control investment in Miami Beef last year, and the portfolio company acquired Brooklyn Burger and Devault Foods earlier this year.

As some individual farmers hold back on committing to decades long land use agreements, private capital portfolios can play a role in looking long-term to help the sector decarbonize.

The carbon project developer's Paniri Agricultural Co ‘will be seeking further investment to grow its AUM’, a spokeswoman for the company told Agri Investor.

The firm closed Anterra FA Ventures II in February 2022 but the vehicle is still only 30% deployed because the firm correctly judged the agtech market to be overpriced – now it's ready to go shopping.

Australian farmland recorded a ‘solid’ annualized return for Q3 2022, but returns on a quarterly basis fell to just 0.1% as both income and capital growth stall.