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Real assets, real return, real impact
Underpinned by our Guiding Principles of Responsible Agriculture, the Fund will offer investors a diverse portfolio of farming systems, commodities and geographic locations designed to deliver strong risk-adjusted returns and demonstrable alpha.
Target Fund Size
Target IRR
First Close Date
Final Close Date
The GO.FARM Responsible Agriculture Fund will drive investment into the transformation of agricultural assets to their highest and best use, whilst maximising productivity and driving sustainable outcomes.
Targeting assets that provide opportunities for active value creation through change in use, asset reconfiguration and productivity improvements
Acquiring a portfolio of land, water entitlements, on-farm infrastructure, water infrastructure, off-farm and processing infrastructure, biological assets, and plant and equipment
Aggregating, reconfiguring, repositioning, transforming, developing, leasing, and/or operating a portfolio of investment-grade agricultural assets
The below table summarises the key features of the Fund and provides references to sections with further information in this document.
The GO.FARM Responsible Agriculture Fund will buy, develop, own and operate a diverse portfolio of agricultural assets in Australia.
The GRAF’s mandate, underpinned by GO.FARM’s Responsible Agriculture principles (land, people, communities and safety), will target assets suitable for active value creation through change in land use, asset reconfiguration and productivity improvements to generate a significant increase in future cashflows and consequent increase in asset values.
Assets will be divested at investment maturity, rather than retaining these through the ‘hold and operate’ phase of the Value Creation Model. See page 22 (GO.FARM’s Value Creation Model) for further information.
The GRAF will be a concentrated portfolio featuring around four to six of GO.FARM’s best ideas and opportunities. It will seek to deliver diversification across geography, water source and crop type.
Target assets will exclude:
The target investment returns for the Fund are a gross asset level IRR of 15- 19% and a net fund IRR of 12-15% per annum (post fees but before investor tax).
Non-financial returns include the creation of employment opportunities, generation of economic activity in rural Australia and the presentation and improvement of natural capital assets.
AUD $300M
GO.FARM Australia as Investment Manager has committed to providing 2% of total capital commitments.
GO.FARM holds exclusivity on a brownfield reversion to permanent tree crop opportunity in New South Wales; approximately 25% of the target fund size would be deployed into this investment.
GO.FARM is in advanced due diligence on a greenfield development opportunity in Victoria, focused on annual horticultural production; approximately 20% of the target fund size would be deployed into this investment.
Investment Manager: GO.FARM Australia Pty Ltd (ACN 600 232 111, Authorised Representative No. 1258933 for AFSL No. 527381).
GO.FARM is an Australian-owned agricultural investor operator and manager that specialises in acquiring underutilised and undercapitalised Australian agricultural assets and transforming them to their highest and best use.
GO.FARM has experience in managing investment-grade agricultural portfolios for institutional investors (Australian and international).
GO.FARM has a proven track record of generating alpha returns, whilst delivering positive impact in rural and regional communities. The Investment Manager has generated a net IRR1 of 36% on circa $150M of realised assets.
Favourable investment conditions include global population growth, increased pressure on finite natural resources, low Australian dollar (against the US dollar), rapid AgTech developments and a $400B capital investment gap. See page 23 for further information.
P +61 3 9046 1998
E investments@gofarmaustralia.com.au