Sustainability

New Harvest, chaired by industry veteran Don Mackay, is aiming to hold a first close of A$150m before the end of 2022.

The Paris-based firm will target sectors including robotics, specialty ingredients and carbon farming for its follow-on vehicle.

New Agriculture’s Bruce King and New Forests’ Mark Rogers discuss the new division’s strategy, what investors want from the asset class, and the potential blend of farmland and forestry into a single investment product.

Laguna Bay Fund 2 has raised all its capital to date from Washington State Investment Board and is targeting A$750m in total.

Agri Investor held its first ever conference in Japan as local LPs and global asset managers gathered to discuss the benefits of adding farmland and timberland to investment portfolios in a volatile investment environment.

QIC, New Forests and Macquarie Asset Management are taking different approaches to the nascent asset class, but there are common themes.

Founder Steve Bruere says renewable energy opportunities across the country have changed the way his Iowa-headquartered firm looks at farmland.

QIC plans to raise at least A$500 million for the Queensland Natural Capital Fund, its first commingled agriculture and natural capital fund.

STAFF II was preceded by the €50m INVL Baltic Forests Fund I, which generated 27% annual returns, according to a statement from the firm.

Sector Program Manager Margarita Lysenkova writes that the Global Reporting Initiative’s new reporting standard can help companies respond to growing scrutiny on business practices that can potentially impact food security.