Veripath Launches Unique Evergreen Farmland Offerings
Veripath is pleased to announce the official launch of its two open-ended, evergreen farmland funds
CALGARY, ALBERTA, CANADA, October 2, 2020 /EINPresswire.com/ -- FOR IMMEDIATE RELEASE, ATTENTION INVESTMENT EDITORS – October 2, 2020 - CalgaryVeripath is pleased to announce the official launch of its two open-ended, evergreen farmland funds – Veripath Farmland LP, and Veripath Farmland (UR) LP. Current aggregate portfolio holdings include approximately 20,000 acres of Canadian farmland diversified across geography and operators. Veripath is working to add another 20,000 acres by year-end 2020. By using an open-ended, evergreen structure rather than the traditional fixed term approach, investors can select the holding period that best suits their portfolio requirements allowing both shorter and longer duration holdings to exist side by side.
Veripath Farmland LP is structured to own farmland in Saskatchewan and Manitoba only while its sister fund Veripath Farmland (UR) LP is structured to own farmland in the rest of Canada excluding Saskatchewan and Manitoba. By dividing the investment universe into separate vehicles, compliance with the various provincial regulatory regimes is streamlined and simplified.
Canadian farmland represents a market of over 160 million acres with an estimated total capitalization of approximately $500 billion. The strategy is built around the core premise that the world is in a bull market in agriculture driven by negative real interest rates and incremental demand from emerging markets and, accordingly, investments with direct or indirect exposure to agriculture commodities in a politically stable environment such as Canada should provide above average returns.
Who is Veripath: Veripath is a Canadian alternative investment firm. Members of Veripath’s management team have decades of farmland, private equity and private credit investment experience. Veripath implements its farmland strategy in a way that seeks to preserve as far as possible farmland’s low-volatility return profile – the attribute that generates a material portion of Canadian farmland’s superior risk adjusted return profile. Veripath does this by seeking to minimize operational, weather, geographic and business-related risks – and capture the pure return from land appreciation. For more information on Veripath please feel free to register online at www.veripathfarmland.com or call 587-390-8267.
Disclaimer:
This article is only an expression of our opinions on the subject matter set forth herein and includes information from, or data derived from, public third party sources including commentaries, articles, industry publications, reports and research papers. Veripath has not independently verified the accuracy, currency or completeness of any of the information and data contained in this article which is derived from such third party sources. While we have a good-faith belief in the accuracy of what we write, all such information is presented “as is,” without warranty of any kind, whether express or implied. The use made of the commentary set forth in this article is solely at the risk of the user of this information. This article is intended only as general information presented for the convenience of the reader, and should not in any way be construed as advice of any kind, investment or otherwise.
Carmon Blacklock
Veripath Farmland LP
+1 587-390-8267
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