TIAA-CREF has closed its second global agriculture fund, TIAA-CREF Global Agriculture II, on $3 billion, exceeding its $2.5 billion target. The fund had raised $1.7 billion by mid-June.
Sweden’s AP2 and UK local authority funds are among the backers of a new $3bn global agriculture fund.
New TIAA-CREF fund will invest in “high quality farmland assets” across North America, South America, Australia and parts of Europe with a focus on major grain exporting regions.
New Hope Group announced last year it would invest $500m into Australian agribusiness, and its chairman Liu Yonghao revealed majority of the fund would support New Hope Dairy’s projects in Australia.
TIAA-CREF is expected to announce Tuesday that it has raised $3 billion for its second global farmland-investment partnership, exceeding its initial target of $2.5 billion.
Considéré comme le plus gros scandale à l’Office du Niger, le programme Touraba (2174 ha), financé par l’Uémoa, a été inauguré la semaine dernière dans des conditions troubles.
Australia is facing $43 billion foreign farming frenzy by Chinese companies, spurred by mounting food security needs and a push to “go global.”
As várias empresas que compõe o grupo El Tejar são abastecidas por fundos internacionais e tem sócios jurídicos com sede em paraísos fiscais na Europa e no Caribe.
New Britain Palm Oil Ltd (NBPOL), a palm oil company operating in Papua New Guinea and in Solomon Islands is looking at Mindanao as its next area for expansion.
Egyptian officials say they are pursuing food security farming projects in the DR Congo and Sudan, where they have recently been allocated 1 million acres.
Singapore-listed firm Black River Capital Partners Food Fund Holdings Pte Ltd has sold most of its stake – pegged at $7.2 million (P331.2 million) – in the Philippine fruit and vegetables company AgriNurture Inc.
Golden Veroleum has denied using the Ebola crisis to take advantage of Liberian communities but local officials and en disagree.
