By Linda Kiernan-Stone
May 16, 2023
Excerpt from article:
Only a week after announcing a new investment strategy, Veripath Farmland Partners is back on the acquisition trail, announcing its purchase of 640 acres of farmland in Saskatchewan through its Veripath Farmland (R) Fund.
Launched during the pandemic in mid-2020, Veripath has already amassed a total of 110,000 acres under management on the predilection that global demand for agricultural products, including food, feed, fiber, and fuel, make farmland – particularly Canadian farmland with compelling valuation discounts and an ability to hedge both inflation and stagflation – a prime long-term investment.
Veripath’s approach is unique in that it takes an evergreen structure, enabling long-term investors, such as family offices or pensions and shorter-term investors such as retail, to gain access to farmland that they seek through the same vehicle.