Key Takeaways
- Barings and Homestead Capital closed a $300 million asset-based finance program
- Program aims to expand Homestead’s loan origination across key U.S. agricultural regions
- Homestead manages $1.6 billion in equity and credit farmland assets
- Partnership broadens Barings’ access to U.S. agricultural credit opportunities
- Expansion targets multiple commodity markets across the $624.7 billion U.S. ag credit sector
Barings and Homestead Capital Establish $300 Million Forward Flow Program
Barings and Homestead Capital USA LLC have announced the closing of a $300 million asset-based finance program designed to expand agricultural loan origination across the United States. The agreement enables Homestead to scale its credit strategy while providing Barings with expanded exposure to investment opportunities within the U.S. agricultural credit market.
Homestead, headquartered in San Francisco, manages approximately $1.6 billion in equity and credit assets for institutional investors, including pension plans, endowments, foundations, insurance companies, and family offices. The firm acquires, finances, and manages diversified portfolios of farmland assets nationwide.
Through the forward flow arrangement, Homestead plans to broaden its national footprint across the $624.7 billion U.S. agricultural credit market. Target regions include the Delta, Midwest, Mountain West, Pacific, Pacific Northwest, Southeast, and Southwest.
