Real Assets

New Forests will sell forestry estates in New Zealand with potential for carbon markets investors, as ANZFF2 approaches the end of its life.

A revaluation of what constitutes an infra asset and the need to build a low carbon global economy are pulling energy transition and project finance capital pools towards ag.

Warakirri Asset Management has purchased the seventh and eighth assets for its Diversified Agriculture Fund in a A$22m sale-and-leaseback deal.

Warakirri aims to raise A$500m-A$750m in equity to build a diversified portfolio of broadacre cropping assets, managing director Jim McKay says.

The National Farmers’ Federation ‘Keep Farmers Farming’ campaign is the latest in a string of confrontations between farmers around the globe and governments enacting policies they see as ‘pandering’ to ESG concerns.

Capital was deployed from the firm’s Diversified Agriculture Fund for the farm, which represents the firm’s first poultry investment in Queensland.

Viridios Capital and WealthCheck have purchased Conways Station, where they will pursue large-scale carbon projects and run a sustainable cattle operation.

Jonathan Shively says he will look to help expand existing separate account and structured product offerings to connect institutional capital with farmland.

An individual with credibility across academic, environmental and financial stakeholders would be an asset for increasingly complex timberland markets.

Chief executive Kevin Schwartz says commitments from the firm’s largest existing LPs grew by as much as 50% and played a key role in pushing Food Chain Fund VI beyond its $1.5bn target.