Bonnefield Canadian Farmland Evergreen fund re-opens with initial close

Ted Liu

Updated on:

Bonnefield Financial Inc. has re-opened Bonnefield Canadian Farmland Evergreen LP, formerly Bonnefield Canadian Farmland LP II, with an initial close, raising $46.3 million from Canadian accredited private client investors. Dentons Canada LLP acts as legal counsel.

Bonnefield Canadian Farmland LP II, a 2012 vintage fund, had approximately $30 million under management prior to the re-opening close.

Bonnefield Canadian Farmland LP II currently holds a portfolio of approximately 10,600 acres of farmland in the provinces of Alberta, Saskatchewan, Manitoba, Ontario, and New Brunswick.

Bonnefield Financial’s I and II funds are private credited investor funds while III and IV are institutional funds.

Bonnefield Canadian Farmland LP IV held its initial closing in June 2016 with a $60 million commitment.

photo credit: Melissa Askew via Unsplash