Lee Fish becomes Sole Source Capital’s third foodservice distribution investment. The company imports more than 200 seafood species to North America.
Drinks, cans,
The British firm has previously invested in food and beverage businesses such as Quorn and Vibrant Foods, which is made up of brands such as TRS, East End Foods and Fudco.
Wetlands
CDPQ's sustainable land management team head Nicolas Leyssieux says Westervelt Ecological Services has potential to become a leader in the industry.
New tree plantings
Capital was deployed from the firm’s Fund II, which has raised $340m to date and has taken an $80m commitment from LACERA.
Agtech monitoring plant health
The institutional investors participated in a Series B round for Loam Bio led by Lowercarbon Capital and Wollemi Capital, taking the start-up’s total funding to A$150m.
Investment officer Pushpam Jain says the pension’s exposure to commodities alerted it to opportunities in farmland markets it had tracked since 2018, which ultimately led to more than $500m in TIAA secondaries deals.
Criterion Africa Partners managing director George McPherson says investors are mispricing the risks associated with Africa's potential for agricultural development.
Fresh tiger prawns ready for sale
Project Sea Dragon, which was being developed by Seafarms Group on land leased from AAM Investment Group, has been placed into administration following a construction dispute.
Fresh ripe lemons on a lemons on tree
The property was acquired from Nasdaq-listed business Limoneira Company, which will provide packing and marketing services on a minimum five-year contract.
The pension had also acquired secondaries stakes in two separate farmland funds now managed by Nuveen at the end of 2021, which were worth a combined $456m.
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