It takes a gallon of water to produce one almond. And that's not the most insane fact about the mad dash to plant the thirsty trees in the middle of a catastrophic drought in California.
- Mother Jones
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12 January 2015
Davies will be responsible for managing the European platform for Westchester, a TIAA-CREF majority-owned global agricultural asset manager, as well as building the firm’s direct farmland investment business in Europe.
- propertyfundsworld
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09 October 2014
Gobiernos y empresas han acaparado en los países en desarrollo un área mayor que México
Swedish pension fund AP Fonden 2 has invested $750 million to TIAA-CREF Global Agriculture II, confirming rumours that the pension was one of three foreign investors contributing to the vehicle’s $1.4 billion fundraise.
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
A US pension fund investor that flies under the radar has continued its spending spree on quality agricultural land in WA with the purchase of two farms in Grass Patch for about $9 million.
- West Australian
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11 August 2014
One industry leader estimates that $10 billion in institutional capital is looking for access to US farmland, but that number could easily rise as investors seek to ride out uncertain financial times by placing their money in the perceived safety of agriculture.
- Oakland Institute
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04 June 2014
Pension funds try to adopt a sustainability perspective when investing in farmland abroad, but there is not much consensus on what it means and how to measure it.
This year could see a surge in interest in farmland from investors with very little experience in this complicated asset class, reports Euromoney
- Euromoney
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13 January 2014
Black River Asset Management, owned by food giant Cargill, is targeting $400m for its 2nd ag-focused investment fund. So far, the bulk of the financing has come from a US teachers' pension fund.
Farmland has become the darling of alternative investing, sending hedge funds and wealthy investors into bidding wars for plots of land once deemed ordinary. And it is not just big money getting in on the game. From Stockholm to Chicago to Vancouver, ordinary investor money is pouring into fields around the world.
Wisconsin state legislators have blocked an effort by Gov. Scott Walker to lift the state's long-time limits on foreign ownership of farmland.