Homestead Capital USA, LLC, a private equity firm investing in operating farmland in the United States, has held a final close of its second fund, at $400m.
Homestead Capital USA Farmland Fund II, L.P., surpassed the original fundraising target of $350m and more than doubled the size of the firm’s debut fund, Homestead Capital USA Farmland Fund I, L.P., which owns a portfolio of farms across 11 states producing 16 different crops.
Led by co-founders and portfolio managers Gabe Santos and Dan Little, Homestead will continue its focus on making row and permanent crop farmland investments in the Mountain West, Pacific, Midwest and Delta regions.
The firm has offices in Council Bluffs, Iowa and San Francisco, California.
FinSMEs
14/11/2016