Lucerne Capital Management Launches Regenerative-Organic U.S. Farmland Investment Fund

By Lynda Kiernan-Stone Connecticut-based alternative investment firm Lucerne Capital Management (Lucerne) announced the launch of a new farmland investment fund that will target regenerative permanent and specialty cropland across the U.S. Through this fund, Lucerne is extending its investment strategy emphasizing intrinsic value, cash flow durability, and operational excellence, together with rigorous underwriting and on-the-ground […]
Sahel Capital Agribusiness Fund II has First Close at $29M, Makes First Investment

By Lynda Kiernan-Stone Sahel Capital announced a first close at $29 million and a first investment for its Sahel Capital Agribusiness Fund II (SCAF II), anchored by KfW Development Bank and an unnamed U.S.-based family office. “The first close of SCAF II, alongside our first investment, demonstrates strong investor confidence in our strategy and our […]
Manulife IM Closes Manulife Permanent Cropland Plus Fund at $289M

By Lynda Kiernan-Stone Manulife Investment Management (Manulife IM) has successfully closed its Manulife Permanent Cropland Plus Fund (MPCPF) at $289 million and 14 “farmland-plus” investments – capital commitments that are focused on operations and assets that combine farmland with processing, marketing, and sustainability, resulting in a more diversified portfolio that reaches beyond pure farmland investments. […]
Conservation Resource Partners, Achmea IM Collaborate on Impact Regenerative Farmland Fund

By Lynda Kiernan-Stone Conservation Resource Partners (CR) announced a new collaboration with Dutch fiduciary management and impact investing specialist Achmea Investment Management B.V. (Achmea IM) on its latest impact farmland fund – Conservation Resources Farmland II (CRF II). “Achmea IM and CR share a belief that impact investments done right should achieve financial return goals, […]
CapMan Natural Capital Announces First Close for European Forest Fund IV

By Lynda Kiernan-Stone It was only a matter of weeks ago that Dasos Timberland Fund II, managed by CapMan Natural Capital, announced it had divested a 24,000-hectare (59,305-acre) portfolio of forestry assets in Latvia and Lithuania to Inter IKEA Group after a decade of active management. And now, the firm is in the news again. […]
Stafford Capital Partners Establishes $1.2B Timberland Continuation Fund

By Lynda Kiernan-Stone Stafford Capital Partners (Stafford) announced the formation of the $1.2 billion Stafford International Timberland Continuation Fund – a new perpetual fund that will act as a “roll up” of three of the firm’s existing funds: Stafford International Timberland funds VI, VII, and VIII. This marks the second vehicle exceeding $1 billion for […]
Touchstone Partners Launches $10M Green Transition Fund

By Lynda Kiernan-Stone Touchstone Partners announced the launch of their $10 million Green Transition Fund to make investments across sustainable agriculture, the circular economy, waste management, and energy throughout Vietnam and wider Southeast Asia. The firm has been a pioneer investor, writing checks between US$200,000 – US$1 million for early stage companies addressing the fundamental […]
Just Climate Secures $375M, Makes Third Investment From Natural Climate Solutions Strategy

By Lynda Kiernan-Stone Just Climate has secured $375 million to-date from global institutional investors to mobilize and accelerate investments in natural climate solutions. Self-described as “a specialist investment business focused on scaling solutions for the highest-emitting, most off-track sectors of the economy”, Just Climate was founded in October 2021 by Generation Investment Management, a London, […]
Centuria Capital Acquires Arrow Funds Management, Increasing Ag Vertical to A$1.3B

By Lynda Kiernan-Stone Australasian real estate fund manager Centuria Capital Group (Centuria) has agreed to acquire Melbourne, Australia-based Arrow Funds Management including the management rights to the unlisted agricultural real estate fund, Arrow Primary Infrastructure Fund (APIF). APIF comprises a portfolio of 22 assets including almond and macadamia orchards, mango orchards, dried fruit vineyards, poultry […]
Green Climate Fund Anchors Mandala Capital SSEA Food Fund With $36M

By Lynda Kiernan-Stone At their 43rd Board meeting, Green Climate Fund (GCF) – the largest climate finance institution in the world with a portfolio of $18 billion and a presence in more than 130 countries – approved a $36 million investment to anchor the Mandala Capital SSEA Food Fund. Mandala Capital is a private equity […]