Private Equity

Fresh attention on the Agricultural Foreign Investment Disclosure Act is prompting US managers to re-examine regulatory risks and requirements around investing foreign capital.

The Sustainable Forestry and Natural Capital Fund will target an 8% to 9% net IRR over the 10-year life of a fund designed to target mitigation, carbon and water conservation opportunities.

KKR Global Impact director George Aitken said nature-based solutions are the ‘perfect assets’ for investors seeking arbitrage in combination with climate impact.

The New York-based firm acquired its stake in GoodWest Industries in 2015 and has been bought out by PE firm The Jordan Company.

The Italian firm deployed capital from its Fund III, which closed on €230m in 2018, and is the firm’s dedicated private equity vehicle.

A July filing from the agricultural investment manager referenced provisions of an agreement that prohibits the firm from raising a successor fund.

McKinsey intends to be among LPs in the latest iteration of the firm’s flagship agribusiness fund, according to materials provided to the State of Connecticut Investment Advisory Council.

For better or worse, Oaktree’s entry into Moldovan agribusiness Trans-Oil has brought the firm into the ideological battle underlying Russia’s invasion of Ukraine.

Russia’s invasion of Ukraine presents challenges and opportunities for Oaktree’s 2019 investment into Moldovan agribusiness Trans-Oil.

The Montreal-headquartered firm’s open-end vehicle has recently expanded into European tree fruit through its acquisition of a majority stake in Spanish apple, pear and cherry producer Orchard Fruit Company.