Farmland fund closes, surpassing fundraising goal
International Farming Corp. (IFC) held a final close for its U.S. Farming Realty Trust II on Sept. 9, raising approximately $430 million. The farmland fund launched in 2011 with a $300 million fundraising goal. Investment types include row crops, pasture land, dairy farms and permanent crops. The firm pursues both domestic and international opportunities. U.S. Farming Realty Trust I closed in 2011 with $305 million in equity, surpassing its $250 million fundraising goal. IFC and its affiliates were founded in 1871 and have more than 139 years of continuous agricultural experience. The team has farmed in North America, South America and Eastern Europe utilizing progressive farming techniques on an array of soil types.