German airline Lufthansa in talks with several investment firms about taking on management of a private equity fund that will invest into farmland in Cameroon and Eastern Europe to grow oil crops.
The New Zealand Superannuation Fund has made its first offshore farm investment, taking a stake in Australian beef stud Palgrove for an undisclosed amount.
- NZ Herald
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04 October 2017
The university's endowment fund, meant to support educational and research goals, was misused to acquire 850,000 hectares of farmland across 5 continents during the past 10 years.
- Down to Earth
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08 September 2018
The fund’s initial offering has raised EUR32.45 million to-date from private investors to back sustainably-managed agricultural land and forests in the Baltic Sea region and Central and Eastern Europe.
Two South African asset management firms launched a 3 billion rand farmland investment fund on Wednesday that is expected to help boost agricultural development in Africa's biggest economy.
The Development Bank of Japan is the first in Japan to agree to invest in a food-focused private equity fund by backing a fund managed by Proterra Investment Advisors (Proterra Asia).
The deal will also see the company, backed by Canada's Public Sector Pension Investment Board, acquire two certified organic properties owned by Arcadian covering over 30,000 ha.
Activist groups and nearly 300 pension plan clients accuse TIAA of “systematic land acquisitions and land management linked to deforestation, illegality and human rights violations, including in the Brazilian Cerrado.”
- ESG Clarity
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19 October 2022
Canada's public worker pension fund manager PSP Investments has made a significant stride in Australia's agricultural sector by acquiring a majority stake in Ellerslie Free Range Farms, a leading egg producer, for $180 million.
Black River's investment pipeline includes a Chinese pork producer and distributor, a duck farming firm in northern China, a fish producer in Costa Rica and a frozen fish processor in Singapore.
The acquisition of the Turnbull properties takes spending by TIAA's Nuveen subsidiary on Australia's northern NSW cropping country to almost $50 million in the last 12 months.
Controversial hedge fund tycoon Crispin Odey invested more than US$170m into one of Brazil’s most damaging agribusinesses despite it deforesting large areas and receiving numerous environmental fines
- Global Witness
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07 May 2020
Pension fund manager TIAA-CREF's farmland assets grew by 56% to $7.8 billion in committed assets.
Australian agricultural assets remain a major a drawcard for international investors with a string of mainly US-based investors funnelling hundreds of millions into a $1 billion fund established by the Queensland agribusiness investment firm, Laguna Bay Pastoral Company.
- The Australian
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02 June 2016
AgCAP has completed the sale of its initial Sustainable Agriculture Fund (SAF) portfolio, which included the sale to institutional and private equity investors of SAF’s three cropping aggregations in Australia.
- Grain Central
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30 January 2018
US pension fund manager TIAA-CREF, under pressure to put cash to work after having raised $2bn for TIAA-CREF Global Agriculture, agreed to purchase 12,528 ha of farmland in Florida.
- Farmland Investor
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12 August 2014
Global agricultural investor the Westchester Group, owned by pension fund manager TIAA-CREF, is on the hunt to buy farms in New Zealand, after focusing its investment attention for the past 25 years on agriculture in the US, Australia and Brazil.
- The Australian
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02 November 2015
Harvard University, the US pension fund manager TIAA/Nuveen and Japan's Mitsui are among the foreign companies buying up Brazilian farmlands that are responsible for over 420,000 ha of deforestation in the Cerrado since 2000.
TLG manages 20,000 hectares of farmland in Uruguay producing beef, soybeans, rice, and timber on behalf of European pension funds, insurance companies and family offices.
AAM Investment Group has sold its 14,074ha Sunshine Farms Aggregation in the Lachlan Valley of New South Wales for an undisclosed sum and the buyer is believed to be the US pension fund manager Nuveen.
- Grain Central
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26 Mar 2024
Conversations held with activists from around the world in May and June webinars of 2022 make clear the need for a movement to take pensions out of financial markets - including land grabs!
Financial players are moving aggressively to snatch up lands around the world with access to water for irrigation. Their strategy is to pump as much water as they can and as fast as they can into the production of crops that reap high prices in export markets.
On the occasion of the publication of Transnational Corporations and Land Speculation in Brazil, Mary Taylor of LeftEast spoke with Fábio Pitta, Devlin Kuyek and Attila Szőcs about the broader implications of the report's findings.
While Canadian agriculture shows some promise, institutional investors have been active on the global front, particularly when it comes to farmland.
- Benefits Canada
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11 April 2017
As institutions and private investors show increased interest in farmland, prices are rising.
- Financial News
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21 January 2013
One of the world's major buyers of farmland is under fire for their involvement in land conflicts, environmental destruction and risky investments. A new report by GRAIN and Rede Social de Justiça e Direitos Humanos presents, for the first time, a comprehensive analysis of Harvard University's controversial investments in global farmland.
- GRAIN and Rede Social de Justiça e Direitos Humanos
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06 September 2018
According to the USDA, the following countries are home to the largest holders of US cropland: Canada, Germany, the UK and the Netherlands.
- Successful Farming
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05 February 2019
While NGO pressure has had some impact on speculative investments in agricultural commodities, financial institutions still seem to be very attached to their farmland investments.
- Triple Crisis
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11 June 2013
Last year trustees added a global farmland fund managed by Insight Investment Management to the Kingfisher pension scheme.
- Pensions Expert
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31 August 2015
Satellite maps show the connection between Harvard and TIAA's farmland acquisitions in Brazil's Cerrado and the massive number of fires that have been burning in the region since July of this year.
- FOE US, GRAIN,NFFC, Rede Social
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22 October 2019