Barings, one of the world’s leading investment managers, and leading U.S. farmland investor Homestead Capital USA, have announced the closing of a $300 million asset-based finance program to expand Homestead’s loan origination in key regions, while broadening Barings’ access to investment opportunities in the agricultural credit market.
San Francisco–based Homestead manages $1.6 billion in equity and credit assets for clients globally, including pension plans, endowments, foundations, insurance companies and family offices. Homestead acquires, finances and manages diversified portfolios of high-quality farmland assets. With operations across much of the United States, Homestead’s credit strategy provides capital solutions to borrowers ranging from small and mid-sized farmers to large, vertically integrated agribusinesses. Homestead was established in 2012 by Gabe Santos and Dan Little, co-founders and co-CEOs.
Through this forward flow arrangement with Baring