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Follow on Google News | Agcapita Soliciting Formal Bids for Fund I Farmland PortfolioFurther to the mandate of the Agcapita Farmland Fund I to provide a liquidity event for investors, the management team of Agcapita has been working to implement the final stages of the wind-up process.
By: Agcapita Fund 1 holds approximately 19,300 acres of farmland geographically diversified across Saskatchewan with a strong base of seasoned cash renters. Parties interested in more information about the portfolio should contact Karim Kadry - kkadry@agcapita.com. Stephen Johnston, founder of Agcapita, commented "Agcapita believes that farmland funds continue to show great appeal to conservative investors concerned with inflation and the volatility of their existing public equity investments. Farmland has similar inflation hedging qualities to gold but with an ongoing cash yield that gold lacks. Farmland returns have exhibited low volatility and this combined with higher absolute returns equate to a favorable Sharpe ratio. Agcapita’s funds directly hold diversified portfolios of farmland in western Canada, and in particular in the highly price competitive province of Saskatchewan.” Agcapita’s fund’s give investors the benefit of a direct investment in farmland combined with a model of front-end loaded cash rents. Agcapita believes farmland is a safe investment, that supply is shrinking and that unprecedented demand for "food, feed and fuel" will continue to move crop prices higher over the long-term. Agcapita is one of Canada's most experienced farmland fund managers, launching its first fund in Q1 2008. This news release may contain certain information that is forward looking and, by its nature, such forward-looking information is subject to important risks and uncertainties. The words "anticipate," End
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