Canada-based La Caisse, formerly CDPQ, and Australian agricultural investment manager GO.FARM have formed a new strategic partnership to invest in high-value permanent horticulture in Australia.
Under the partnership, La Caisse will commit A$300 million ($209 million) in equity through a platform managed by GO.FARM, alongside an additional A$30 million ($21 million) commitment from its partner, for an initial total equity commitment of A$330 million ($230 million). La Caisse will also become a minority shareholder in GO.FARM, reinforcing the long-term alignment between the two organizations.
Founded in 2013 by Liam Lenaghan, GO.FARM manages approximately A$1.6 billion ($1.1 billion) in assets with a focus on transforming underused land and water assets into high-performing, investment-grade agricultural operations, particularly in large-scale permanent horticulture, with a focus on water efficiency, climate-smart systems and critical infrastructure.
La Caisse se