- The agronomic model employed allows through the most advanced technologies, the optimization of water resources, use of renewable energies, CO2 absorption and new employment opportunities in rural areas.
- This fund, capable of reaching a maximum equity of 300 million euros, seeks to contribute to the optimization and modernization of the sector, through the implementation of efficient manufacturing hubs.
Beka Asset Management, the asset managing company of the Beka Finance Group, has launched in partnership with Bolschare, one of the most sophisticated agricultural players in the Iberian Peninsula, the Beka & Bolschare Iberian Agribusiness Fund, FCR, a pioneering private equity investment fund focused on the agricultural sector and with a strong commitment on ESG issues.
The objective of the Beka & Bolschare Iberian Agribusiness Fund, FCR is the acquisition, management, and agricultural exploitation to a maximum capacity of 10,000 hectares for a 10 year period, dedicated to different types of crops in Spain and Portugal. Its operating model is based on the implementation of an agronomic approach that, through the most advanced technologies, optimizes water resources, promotes the use of renewable energies and CO2 absorption as it generates employment in rural areas.
"The appeal of the agro sector and its resilience to economic cycles make it a long-term cash flow project with little correlation to the vast majority of financial assets", argued by Borja de Roda, Senior Director at Beka Asset Management.
This fund, capable of reaching a maximum equity of 300 million euros, seeks to contribute to the optimization and modernization of the sector, through the implementation of efficient manufacturing hubs.
"The model provides value throughout the entire supply chain, from seeding to the commercialization of the final product, and offers the fund's participants a potential net return of between 9% and 12% per year, through the sale of harvested crops and an additional return resulting from the revaluation of their assets", adds De Roda.
You can read the full story in Spanish here.
Beka Finance Communication Team.
Press release