Home Soil
Soil
The close represents the first stage of a planned initial fundraise of A$65m, which will be used to acquire a mixed farming aggregation and water entitlements in NSW’s Southern Riverina.
CEFC and CDPQ will establish Wilga Farming, an open-end platform with A$200m of capital to be managed by Gunn Agri Partners, as well as taking a stake in the asset manager itself.
The bank will make a commitment of A$10m to New Harvest’s Indigenous Impact Investment Fund, attracted by its potential to support sustainable Indigenous Australian business growth.
Hancock Agriculture will buy Ottley Station and Moolan Downs, with the purchaser of Packhorse’s other asset Stuart’s Creek yet to be finalized.
Christof Kutscher has stepped down from the role and Berg will move up from his position as chief investment officer for the firm’s nature based carbon strategy.
The Kilter Agriculture Fund will invest in farmland water and is targeting A$65m in a first fundraise that will close later this month.
Dutch insurer ASR has committed €10m to the Article 9 fund, which links 100% of its carried interest to the achievement of impact goals.
NativeSeed operates mainly in the Rocky Mountain states and the Pacific Coast, areas battered by extreme weather.
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.