Bonnefield Canadian Farmland Evergreen holds 2nd close

Bonnefield Financial Inc. has held a second close for the new open-ended farmland fund for private Canadian investors, Bonnefield Canadian Farmland Evergreen LP, securing additional $ Read our research and get insight. We offer one-time or monthly/yearly recurring subscriptions. million from Canadian accredited private client investors.

Bonnefield Canadian Farmland Evergreen LP was formed by combining the assets of two previous closed-end farmland funds managed by Bonnefield: LP I (established 2010) and LP II (established 2013). With the unanimous support of unitholders, Evergreen LP was created to form an open-ended investment partnership with enhanced re-investment, diversification and liquidity features.

Bonnefield Canadian Farmland Evergreen LP held a first close with additional subscriptions from existing and new investors on January 1, 2017, raising $ Read our research and get insight. We offer one-time or monthly/yearly recurring subscriptions. million.

With the first close, Evergreen LP had combined net assets of approximately $80 million with a portfolio of farmland currently located in Alberta, Saskatchewan, Manitoba, Ontario and New Brunswick.

Dentons Canada LLP acts as legal counsel to the fund.

photo credit: David Mark via pixabay

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.