First-time fund managers are set to have an even tougher time on the fundraising trail amid the pandemic, but there could be opportunities for those raising capital on a deal-by-deal basis.
Prudential Agricultural Investments will target unlevered returns of between 6% and 10% through a focus on permanent crops.
The fund had received subscriptions from institutional investors, private banks and wealth managers, all of which were returned after the income trust's IPO was pulled from the market.
BlueNalu CEO Lou Cooperhouse expects to see a boom in cellular agriculture investment as soon as FDA regulation is established, which he expects to be put in place in 2021.
TSSP has teamed up with SLM Partners and Midwestern BioAg on a fund that will pursue opportunities created by events such as the introduction of SGMA.
The fund will pursue a buy-and-lease strategy and will also target development projects that could deliver IRRs of ‘50-60%’, said a founding partner.
Despite a small drop in overall venture capital investment into agriculture and food technology startups, market segments such as alternative protein and regions such as Europe and LatAm registered strong fundraising performance.
The AGRI3 fund is a sustainable agriculture and forestry fund and could become the largest climate mitigation fund in the market. What can investors and GPs learn from its structure?
CEO Michael Gilbert said the agtech firm's profit-making status puts it in a position to acquire companies that will 'close the loop on risk mitigation and decision-making.'
Equinom founder and CEO Gil Shalev says the firm’s naturally-bred yellow peas will have as much as 50% protein content.