Companies-Investing-In-Brazilian-Land

Funds flow toward farmland as experts eye deals

Companies mentioned in article

• Dow Chemical : The pension fund within Dow Chemical (DOW.N), whose DowAgroSciences is a global agricultural input provider, is likewise pushing investments in agriculture.
  • Van Heel said Dow particularly likes corn and soybean farms in the U.S. Midwest.
• Prudential Agricultural Investments (PRU.L): which has $3.2 billion in assets under management > Charles Allison, managing director
• AMERRA Capital: a one-year-old investment manager coming to the market this month with a new farmland fund. AMERRA is backed in part by the Macquarie Group (MQG.AX) global financial services firm.
• Bunge Ltd (BG.N) : Global agribusiness and food company is also setting up an investment fund that will focus on farmland
  • Bunge would not provide details but individuals familiar with the project said the fund would focus on South America, a hot spot for agricultural investing interest and a key market for Bunge, which is working to expand its sugar and ethanol-related holdings.
• Black River Asset Management : Cargill [CARG.UL] subsidiary , which has $6 billion in assets under management, primarily third-party capital, is growing its private equity business with a focus on food production and agricultural investments, particularly in Asia, said Black River managing director Rich Gammill.
  • Black River's first food-focused food should close this summer, Gammill said, and will include investments in dairy farming in Asia and aquaculture in Central America and South America.
• Franklin Templeton Real Estate Advisors: Joyce Shapiro, managing director real assets for said she was building a team focused on real assets, including farm management, as higher returns can be had from investing with managers directly operating farm properties.