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
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