Farmland LP, a leading fund manager specializing in organic farmland, has launched its third fund, Vital Farmland Fund III. The fund has a target size of $250 million and is expected to be fully subscribed by the end of the year.
Vital Farmland Fund III will invest in organic farmland in the United States. The fund will focus on acquiring high-quality, productive farmland that is well-managed and has the potential for long-term growth.
Farmland LP is targeting a net IRR of 10% for Vital Farmland Fund III. The fund is expected to generate returns through a combination of capital appreciation and income from rent payments.
The launch of Vital Farmland Fund III is a sign of the growing demand for investments in organic farmland. Organic farmland is becoming increasingly scarce, and the demand for it is expected to continue to grow in the years to come.
Here are some of the key takeaways from the news:
- Farmland LP has launched its third fund, Vital Farmland Fund III.
- The fund has a target size of $250 million.
- The fund will invest in organic farmland in the United States.
- Farmland LP is targeting a net IRR of 10% for Vital Farmland Fund III.
- The launch of Vital Farmland Fund III is a sign of the growing demand for investments in organic farmland.
Here are some of the implications of the news:
- The launch of Vital Farmland Fund III could help to drive up the price of organic farmland.
- The fund could also help to increase the availability of organic farmland for investors.
- The fund could also help to promote the adoption of organic farming practices.