About This Fund
New Agriculture Landscapes Strategy is a 12-year closed-end fund managed by New Agriculture, a specialist sustainable agricultural investment platform and subsidiary of New Forests Asset Management, a Sydney-headquartered global real assets investment manager. Launched in 2025 as New Agriculture's inaugural standalone institutional vehicle, the fund targets an A␕750 million raise from institutional investors seeking long-term exposure to sustainable agricultural real estate across Australia and New Zealand. The strategy represents the natural scaling of New Agriculture's integrated land management thesis, which combines agricultural production with natural capital outcomes at landscape scale.
The fund pursues an integrated sustainable land use model that combines natural vegetation, agriculture, and forestry as co-located operational assets across four primary agricultural verticals: rain-fed and irrigated row cropping, horticulture, livestock, and related agricultural infrastructure. The strategy targets a net internal rate of return of 9–12% over the fund's 12-year life, with capital deployed across agricultural assets that optimise yields, diversify revenue streams, and increase asset values while accessing environmental markets including carbon credits, biodiversity offsets, renewable energy, and conservation covenants. New Agriculture's approach is anchored by its existing management of over A␕1.5 billion in assets across 3.1 million hectares, including the foundational Lawson Grains portfolio spanning over 120,000 hectares of productive cropping regions in New South Wales and Western Australia.
New Agriculture has operated since 2022 as a specialist platform within the New Forests group, with foundational institutional commitments from the Alberta Investment Management Corporation (AIMCo), one of Canada's largest public pension managers and a benchmark-setter for sustainable real assets investing. This institutional validation reflects the fund's positioning at the intersection of traditional agricultural real estate and impact investing, targeting both financial returns and quantifiable natural capital outcomes. The 12-year closed-end structure aligns manager incentives with the long-term investment horizons of pension funds, sovereign wealth funds, and insurance companies seeking durable real asset exposure with embedded sustainability characteristics.