La Caisse and Australian agricultural investment manager GO.FARM have formed a A$330m (€184m) partnership to invest in high-value permanent horticulture in Australia.
Under the partnership, La Caisse will commit A$300m in equity through a platform managed by GO.FARM, which is investing A$30m in initial working capital alongside its Canadian partner.
Additionally, La Caisse will also become a minority shareholder in GO.FARM to reinforce the long-term alignment between the two organisations.
Founded in 2013 by Liam Lenaghan, GO.FARM manages approximately A$1.6bn in assets with a focus on transforming underutilised land and water assets into high-performing, investment-grade agricultural operations, particularly in large-scale permanent horticulture, with a focus on water efficiency, climate-smart systems and critical infrastructure.
La Casse said Go-FARM was selected for its approach to responsible agriculture, operational capabilities and ability to originate, develop and operate agricultural assets on the ground. The partnership will focus on building a diversified portfolio of Australian irrigated permanent crops, leveraging the country’s distinctive long-term investment opportunity in agriculture and its significant land transformation potential.
Emmanuel Jaclot, executive vice-president and head of infrastructure and sustainability at La Caisse, said: “Australia combines world-class agricultural resources, strong export markets and significant land transformation opportunities. Through this partnership with GO.FARM, we are backing a proven operator with deep local expertise and a strong commitment to responsible agriculture.
“Together, we aim to build a diversified platform positioned to capture attractive opportunities across a sector that is becoming increasingly important to global food production,� Jaclot added.
Liam Lenaghan, founder and managing director of GO.FARM, said: “Our focus has always been on finding the opportunity, solving the challenges and executing the fundamentals well by building great teams and capability, backed by data-driven insights and good science.
“This partnership is built on alignment, not just capital. As global institutions seek exposure to agriculture, access to investment-grade assets remains constrained. This mandate reflects the growing maturity of Australian agriculture as an institutional asset class, and marks a positive moment for both GO.FARM and the sector.�
This partnership builds on La Caisse’s growing sustainable land management presence in Australia and on GO.FARM’s existing relationships with domestic institutional investors, including Australian Retirement Trust, alongside long-standing support from Australian family offices and high-net-worth investors.
It also comes at a time when global institutions are increasing their focus on real assets linked to food production, natural capital and climate resilience. In this context, the partnership reflects a shared ambition to continue developing high-quality agricultural investment platforms in Australia over the long term, the partners added.
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