Agcapita Farmland Fund IV Completes Capital Raising
Agcapita is pleased to announce that on April 28th, 2014 Agcapita Fund IV has conducted its final closing ending a highly successful 2014 capital raising program.
Calgary, Canada, April 30, 2014 --(PR.com)-- The close of Fund IV follows on the heels of the completion of Agcapita Fund I’s exit, which generated impressive returns. Agcapita co-founder Stephen Johnston stated “My partners and I are extremely pleased with the returns generated by the sale of the Fund I portfolio and believe they represent a validation of the Agcapita investment premise. We are particularly pleased that we generated these returns with minimal use of leverage in keeping with our overall philosophy to actively reduce risk and return volatility for our investors. Similar to Agcapita Fund I, Agcapita Funds II and III also have constructed diversified portfolios of Saskatchewan farmland. Our investment model leads us to conclude that Saskatchewan farmland continues to trade at a fundamental discount to other Canadian and global jurisdictions raising the prospect of further superior absolute and risk adjusted returns in this asset class.”
Agcapita Fund V is pending and is expected to launch in early Q3 2014. If you would like to receive information about Agcapita Fund V when it launches please feel free to contact us at Fund5@agcapita.com or register online at the Agcapita website.
Agcapita is one of Canada's most experienced farmland fund managers, launching its first fund in Q1 2008. Agcapita believes that farmland funds continue to show great appeal to conservative investors concerned with inflation and the volatility of their existing public equity investments. Canadian farmland has similar inflation hedging qualities to gold but with an ongoing cash yield that gold lacks. Canadian farmland returns have exhibited low volatility and this combined with higher absolute returns equate to a favorable Sharpe ratio. Agcapita believes farmland is a safe investment, that supply is shrinking and that unprecedented demand for "food, feed and fuel" will continue to move crop prices higher over the long-term.
Agcapita’s funds directly hold diversified portfolios of farmland in western Canada, and in particular in the highly price competitive province of Saskatchewan. Agcapita’s funds give investors the benefit of a direct investment in farmland combined with a model of front-end loaded cash rents with minimal use of leverage.
This news release may contain certain information that is forward looking and, by its nature, such forward-looking information is subject to important risks and uncertainties. The words "anticipate," "expect," "may," "should" "estimate," "project," "outlook," "forecast" or other similar words are used to identify such forward looking information. Those forward-looking statements herein made by Agcapita, if any, reflect Agcapita's beliefs and assumptions based on information available at the time the statements were made (including, without limitation, that (i) the demand for agricultural commodities will continue to grow at a pace that is unlikely to be matched by growth in agricultural productivity, and (ii) investment demand for tangible assets such as agricultural commodities and farmland will continue to increase for the foreseeable future). Actual results or events may differ from those anticipated or predicted in these forward-looking statements, and the differences may be material. Factors which could cause actual results or events to differ materially from current expectations include, among other things: risks associated with the ownership and operation of farmland, including fluctuations in interest rates, rental rates and vacancy rates; general economic conditions; local real estate markets; supply and demand for farmland; competition for available farmland; weather; crop diseases; the price of grain and other agricultural commodities; changes in legislation and the regulatory environment; and international trade and global political conditions. Readers are cautioned not to place undue reliance on any forward-looking information contained in this news release (if any), which is given as of the date it is expressed herein. Agcapita's undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise.
Agcapita Fund V is pending and is expected to launch in early Q3 2014. If you would like to receive information about Agcapita Fund V when it launches please feel free to contact us at Fund5@agcapita.com or register online at the Agcapita website.
Agcapita is one of Canada's most experienced farmland fund managers, launching its first fund in Q1 2008. Agcapita believes that farmland funds continue to show great appeal to conservative investors concerned with inflation and the volatility of their existing public equity investments. Canadian farmland has similar inflation hedging qualities to gold but with an ongoing cash yield that gold lacks. Canadian farmland returns have exhibited low volatility and this combined with higher absolute returns equate to a favorable Sharpe ratio. Agcapita believes farmland is a safe investment, that supply is shrinking and that unprecedented demand for "food, feed and fuel" will continue to move crop prices higher over the long-term.
Agcapita’s funds directly hold diversified portfolios of farmland in western Canada, and in particular in the highly price competitive province of Saskatchewan. Agcapita’s funds give investors the benefit of a direct investment in farmland combined with a model of front-end loaded cash rents with minimal use of leverage.
This news release may contain certain information that is forward looking and, by its nature, such forward-looking information is subject to important risks and uncertainties. The words "anticipate," "expect," "may," "should" "estimate," "project," "outlook," "forecast" or other similar words are used to identify such forward looking information. Those forward-looking statements herein made by Agcapita, if any, reflect Agcapita's beliefs and assumptions based on information available at the time the statements were made (including, without limitation, that (i) the demand for agricultural commodities will continue to grow at a pace that is unlikely to be matched by growth in agricultural productivity, and (ii) investment demand for tangible assets such as agricultural commodities and farmland will continue to increase for the foreseeable future). Actual results or events may differ from those anticipated or predicted in these forward-looking statements, and the differences may be material. Factors which could cause actual results or events to differ materially from current expectations include, among other things: risks associated with the ownership and operation of farmland, including fluctuations in interest rates, rental rates and vacancy rates; general economic conditions; local real estate markets; supply and demand for farmland; competition for available farmland; weather; crop diseases; the price of grain and other agricultural commodities; changes in legislation and the regulatory environment; and international trade and global political conditions. Readers are cautioned not to place undue reliance on any forward-looking information contained in this news release (if any), which is given as of the date it is expressed herein. Agcapita's undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise.
Contact
Agcapita Partners
Karim Kadry
+1-587-887-1541
www.agcapita.com
Contact
Karim Kadry
+1-587-887-1541
www.agcapita.com
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