The opportunity

The Fund invests in a portfolio of low risk Australian agricultural assets. It targets a total return of at least 10% p.a. with an income return of at least 5% p.a. on average. The Fund will be invested in a diversified portfolio of farmland assets with a focus on irrigated row crops, permanent row crops, livestock, dairy, protein investments and water. Laguna Bay has a large and well-developed pipeline of assets with most negotiations conducted on a proprietary basis. The Fund has an initial term of 10 years with a mechanism for indefinite extensions and exit/liquidity.

About the manager

Laguna Bay is a highly regarded agricultural specialist with over $565 million net assets currently invested & committed capital. The firm is positioned to be a market leader in the selection and structuring of premium agricultural transactions, and has a track record consistently aligned to the very best farm operators in Australia.

About the strategy

Laguna Bay combines a disciplined value oriented approach with a thorough understanding of agricultural cycles to build a portfolio of low-risk agricultural assets in recognised regions. It has flexibility to invest across sectors and in up/downstream operations. Running a mix of leaseback, joint venture and manager-operated assets, Laguna Bay utilises elite, top decile farm operators in structures that align incentives. The focus is on the generation of a stable and growing income yield, preservation of capital and potential for significant long-term capital appreciation.