Sustainability

Managing director Steven Bierschenk says the life science research company plans to introduce more than 100 new offerings that will help make it attractive to future buyers.

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 bloc’s center piece environmental legislation has gotten caught in a legislative saga of nail-biting voting results and negotiating room walkouts.

The firm has acquired a 70ha property in the country and has made an offer on another 220ha asset as it builds out the new operation.

PGIM’s Shehriyar Antia says investors and policymakers see the food system as ‘where the ESG puck is going’ and will draw on recent experience in energy in developing their approach.

The firm plans to build out the operation’s project pipeline and innovate in using alternative sources of feedstock.

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.

The venture capital investor raised its debut $50m vehicle during the pandemic and hit its fundraising target in May 2021.

The cast of characters at this year's Impact Investor Global Summit tells a positive story about how institutional investors are thinking about impact.