Farmland launches $250m third fund focused on organic and regenerative agriculture
Farmland LP, a fund manager specializing in organic farmland, has launched its $250 million Vital Farmland III (Fund III), its third and largest fund to date.
Fund III will extend Farmland LP’s mission of transforming conventional farms into dynamic, sustainable, and organic operations, catering to the surging consumer demand for food products derived from organic and regeneratively farmed sources.
Farmland LP manages more than 16,000 acres and has about $250 million in assets under management. Fund III will allow investors to align compelling financial returns with measurable, positive environmental impact. The firm’s previous funds delivered strong performances. Vital Farmland LP (Fund I) has generated a net average after-tax return to original investors of 113 percent.
With greenwashing a growing concern in the farmland investment sector, Craig Wichner, CEO of Farmland LP, said, “Investors are increasingly seeking verifiable claims of sustainability. Our commitment to Certified Organic standards and regenerative farming practices focused on soil health assures our investors that their capital is truly advancing sustainable agriculture.”