The Financial Times reported this week that TIAA-CREF is developing a new “investment vehicle” that will bet the retirement funds of millions of American on the rising price of farmland around the world.
You’d be surprised to learn that the billion dollar barons of Australian farmland are a Canadian government worker super fund, a New York teacher insurance fund and an Australian pastoral giant backed by a Dutch pension fund
First State Super follows US and Canadian super funds with major investment in Australian almond plantations.
- Farm Weekly
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21 August 2015
Swedish pension fund AP2 plans to conduct an external audit in response to criticism by Swedwatch for not disclosing the precise locations of its Brazilian farm holdings.
US pension fund manager TIAA-CREF has secured $1.4bn for its second agriculture fund from three unnamed investors, according to a document filed with the SEC.
Resolution by Cornell's University Assembly also calls on its main pension fund supplier to divest from agribusiness companies associated with deforestation, indigenous rights violations, and severe climate impacts.
- Cornell Daily Sun
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21 Mar 2021
Voters will decide whether to create a new government entity to take back control of water held by one of Hawaii’s most powerful agribusiness corporations and a Canadian pension fund.
- Civil Beat
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01 August 2022
Canada’s largest pension fund manager has acquired a 75 percent stake in HFE Berries Perú SAC – owner of 100 percent of the Olmos field farming operation which has a planted area of 397 hectares.
Jose Minaya of TIAA-CREF talks about growing investor interest in farmland and the role of farmland in the pension fund's investment strategy.
- Bloomberg
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14 February 2012
Cargill is selling its $48.8 million poultry farm and processing plant in Anhui province to DCP Capital, a Beijing-based private equity firm with Singapore's GIC and Temasek as investors, and the Canadian pension fund CDPQ
European pension fund-backed ACE Farming has quietly snapped up a dairy farm near Yarram, in South Gippsland, primed for development opportunity for about $8 million.
- Queensland Country Life
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23 November 2015
Danish pension fund explains its approach to farmland investment in this report.
Listed Singaporean company QAF, formerly known as Bunge, has sold out its last dairy farm in Australia to the European pension fund-backed ACE Farming for close to $5 million.
A delegation of peasants from Niassa recently travelled to The Netherlands and met lawmakers, students and investors in the Chikweti plantations, including the Dutch national pension fund ABP, the biggest investor in the project.
- Water Channel
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01 October 2012
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.
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.
A venture backed by Canada’s PSP Investments has bought out its co-investors in the Kooba aggregation in New South Wales, which has 30,000 hectares of cotton, crops and livestock and 1,400 hectares of almond orchards.
Une société new-yorkaise chargée de la gestion de l'épargne-retraite des travailleurs en Suède, aux États-Unis et au Canada se soustrait aux lois brésiliennes sur les investissements étrangers pour acquérir des terres agricoles
Wall Street is looking for ways to invest in America’s heartland, and the government is ready to play matchmaker.
At an agriculture investment summit in London on Wednesday, leading U.S. and European pensions funds said few assets remained immune from whipsawing markets, prompting institutions to look at farmland.
Agriculture & Natural Solutions Acquisition is a Nasdaq-listed SPAQ that recently acquired 200,000 ha of farmland in Australia through a business combination with Australian Food & Agriculture Company Limited.
- MarketBeat
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30 November 2024
Major asset managers, cowed by the cost, the risk and the controversy involved in investing in farmland, are joining forces to increase investment in the historically under-capitalised sector.
Une vingtaine d'organisations et alliés des communautés affectées par les plantations de palmiers à huile et d'hévéas du groupe Socfin expriment leur mécontentement face à la décision du Norges Bank Investment Management de ne pas se retirer de l’actionnariat de Bolloré SE et de la Compagnie de l'Odet SE
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
Describing itself as a consultant and “master distributor” of products designed “to bring working capital to a variety of projects” – including upgrading farmland overseas and forestry –Intelligent Partnership published a 76 page report on the alternatives sector this week.
- Mindful Money
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14 February 2013
Launched during the pandemic in mid-2020, Veripath Farmland Partners has already amassed a total of 115,000 acres under management in Canada.
"The whole mess in Europe at the moment has increased demand for diversification products for the Asian markets," says Aquila CEO Roman Rosslenbroich, including farmland.
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.
Pressure is mounting on Australia's superannuation funds to invest in agricultural land as investors protest about the industry's decision not to try and buy Australia's largest landholder S Kidman & Co.
- Financial Review
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07 Mar 2016
The proportion of PPF's £12bn portfolio of assets allocated to farm and timberland will vary over time and depend on the opportunities available now and in the future.
- Professional Pensions
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26 November 2012