Bankinter Investment and Nuveen Natural Capital launch Landa Fund, a new alternative investment vehicle focused on the agricultural sector
Bankinter's investment banking subsidiary partners with Nuveen Natural Capital, a leading global manager of farmland.
This alternative investment vehicle is now starting to be marketed to Bankinter customers.
Landa Fund is intended for investment in farmland in Spain and Portugal, a sector with real impact on the economy.
Bankinter Investment SGEIC, Bankinter's management subsidiary specialising in alternative investment, has partnered with Nuveen Natural Capital, the largest global manager of agricultural assets, to launch a new alternative investment vehicle: Landa Fund. This is a venture capital fund that will invest in the agricultural sector in the Iberian Peninsula.
Landa Fund is the first vehicle from Bankinter Investment to invest in the agricultural sector, which has considerable weight in the Spanish economy. Bankinter Investment is partnering with Nuveen Natural Capital, a 100%-owned subsidiary of the global asset manager Nuveen, which is the investment arm of TIAA, one of the world's largest institutional investors and a highly rated insurance company and retirement provider.
With the growing demand for fruit and vegetable products in the international market, and with the Iberian market being one of the leading producers and exporters at both the European and global levels, there are investment opportunities to contribute to the development, professionalisation, competitiveness and positioning of agriculture as a strategic sector in the Iberian Peninsula and Europe. This new vehicle was set up to create a diversified portfolio of crops, operators and agricultural locations in Spain and Portugal.
Landa Fund has a ten-year investment horizon and will be marketed to institutional investors and Bankinter's high-net-worth customers, under the alternative investment model Bankinter Investment created over eight years ago. This model involves partnering with expert industrial partners, with both being anchor investors during the life of the investment vehicle, aligning their interests with the interests of Bankinter's customers. The manager, Bankinter Investment SGEIC, will monitor the performance of the vehicle rigorously to ensure compliance with the investment policy promised to investors in the vehicle.
About Bankinter Investment
Bankinter Investment, which has been involved in investment banking since 2011, has been developing a major alternative investment platform since 2016, managing 24 vehicles and setting the bar in the Iberian market. Investors have committed close to 5,000 million euros in these vehicles, which, including project finance, currently represents a portfolio of assets under management of nearly 8,000 million euros, which will be around 10,000 million euros once all the vehicles are fully invested.
Over 10,000 Spanish and Portuguese families invest with Bankinter Investment and its partners, which have a clear vocation to promote long-term financial savings, diversifying into real assets, optimising the risk-return ratio and generating lasting value for society.
In its asset management, Bankinter Investment has exclusively followed a partnership model, working with expert partners in each investment segment, such as renewable energy, student accommodation, hotels, real estate, logistics, infrastructure, technology, commercial spaces, residential property, venture capital and the environment.
About Nuveen
Nuveen, TIAA's investment manager, offers a wide range of results-focused investment solutions designed to achieve the long-term financial objectives of institutional and individual investors. Nuveen had $1.2 trillion in assets under management at 31 December 2023, operating in 32 countries. With diverse expertise across income and alternatives, it invests in the growth of businesses, real estate, infrastructure, farmland and forests to help make an enduring impact on our world. Nuveen's agricultural and forestry platform, Nuveen Natural Capital, is the largest manager of farmland worldwide, and a major manager of forestry assets. It manages some 900,000 hectares of farmland in seven countries in Europe, America and Oceania.
Landa Fund is the first vehicle from Bankinter Investment to invest in the agricultural sector, which has considerable weight in the Spanish economy. Bankinter Investment is partnering with Nuveen Natural Capital, a 100%-owned subsidiary of the global asset manager Nuveen, which is the investment arm of TIAA, one of the world's largest institutional investors and a highly rated insurance company and retirement provider.
With the growing demand for fruit and vegetable products in the international market, and with the Iberian market being one of the leading producers and exporters at both the European and global levels, there are investment opportunities to contribute to the development, professionalisation, competitiveness and positioning of agriculture as a strategic sector in the Iberian Peninsula and Europe. This new vehicle was set up to create a diversified portfolio of crops, operators and agricultural locations in Spain and Portugal.
Landa Fund has a ten-year investment horizon and will be marketed to institutional investors and Bankinter's high-net-worth customers, under the alternative investment model Bankinter Investment created over eight years ago. This model involves partnering with expert industrial partners, with both being anchor investors during the life of the investment vehicle, aligning their interests with the interests of Bankinter's customers. The manager, Bankinter Investment SGEIC, will monitor the performance of the vehicle rigorously to ensure compliance with the investment policy promised to investors in the vehicle.
About Bankinter Investment
Bankinter Investment, which has been involved in investment banking since 2011, has been developing a major alternative investment platform since 2016, managing 24 vehicles and setting the bar in the Iberian market. Investors have committed close to 5,000 million euros in these vehicles, which, including project finance, currently represents a portfolio of assets under management of nearly 8,000 million euros, which will be around 10,000 million euros once all the vehicles are fully invested.
Over 10,000 Spanish and Portuguese families invest with Bankinter Investment and its partners, which have a clear vocation to promote long-term financial savings, diversifying into real assets, optimising the risk-return ratio and generating lasting value for society.
In its asset management, Bankinter Investment has exclusively followed a partnership model, working with expert partners in each investment segment, such as renewable energy, student accommodation, hotels, real estate, logistics, infrastructure, technology, commercial spaces, residential property, venture capital and the environment.
About Nuveen
Nuveen, TIAA's investment manager, offers a wide range of results-focused investment solutions designed to achieve the long-term financial objectives of institutional and individual investors. Nuveen had $1.2 trillion in assets under management at 31 December 2023, operating in 32 countries. With diverse expertise across income and alternatives, it invests in the growth of businesses, real estate, infrastructure, farmland and forests to help make an enduring impact on our world. Nuveen's agricultural and forestry platform, Nuveen Natural Capital, is the largest manager of farmland worldwide, and a major manager of forestry assets. It manages some 900,000 hectares of farmland in seven countries in Europe, America and Oceania.