Kinston firm looks to raise $1.5 billion for agriculture investments
WRAL | 7 February 2019

Kinston firm looks to raise $1.5 billion for agriculture investments
 
by Sydney Price
 
KINSTON — International Farming Corp., a Kinston-based agricultural investment company, has raised $404 million in a fund to invest in U.S. farmland.
 
According to the Form D filed earlier this week, the company must collect over $1 billion in addition to sell its entire offering of $1.5 billion
 
The company announced last year that the primary purpose of the fund is to buy and lease large-acreage US farmland to large-scale tenants.
 
International Farming has invested in agricultural technology companies in North America, South America and Eastern Europe.
 
Charles McNairy is the current CEO of International Farming, a company founded by his family in 1871. He was a Morehead Scholar and basketball player at UNC-Chapel Hill.
URL to Article: https://farmlandgrab.org/post/view/28736

Source: WRAL 
https://www.wraltechwire.com/2019/02/07/kinston-firm-looks-to-raise-1-5-billion-for-agriculture-investments/