- September 15, 2021
- Media
Veripath in Global AgInvesting Media
Since its formal launch in mid-2020, Calgary-based Veripath Farmland Partners (Veripath) has rapidly grown, today reaching approximately $170 million AUM across its portfolios. Veripath’s highly experienced team offers funds that incorporate two features that are unique for the Canadian market, Stephen Johnston, director, Veripath, told GAI News. The first is an evergreen structure giving their investors control over exactly how long they wish to continue being deployed in the fund, as opposed to a traditional private equity structure wherein the life of the fund is predetermined. This enables 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.