Key Takeaways
- La Caisse and GO.FARM have launched a new investment platform focused on Australian permanent crops, with an initial combined equity commitment of $230.7 million (AUD 330 million).
- La Caisse will contribute $209.7 million (AUD 300 million), with GO.FARM committing an additional $21 million (AUD 30 million), and La Caisse will also become a minority shareholder in GO.FARM itself.
- The platform will target a diversified portfolio of Australian irrigated permanent crops, building on GO.FARM's strategy of converting underutilized land and water assets into productive agricultural operations.
- GO.FARM, founded in 2013 by Liam Lenaghan, currently manages about $1.1 billion (AUD 1.6 billion) in assets focused on large-scale permanent horticulture, water efficiency and climate-smart farming systems.
La Caisse and GO.FARM Launch New Australian Crops Platform
La Caisse, a global investment group, and GO.FARM, an Australian agricultural asset manager, have launched a new platform to invest in high-value permanent horticultural crops across Australia. The partnership carries an initial combined equity commitment of $230.7 million (AUD 330 million).
How the Investment Is Structured
La Caisse will invest $209.7 million (AUD 300 million) in equity through the platform, which GO.FARM will manage, while GO.FARM adds a further $21 million (AUD 30 million) of its own capital. As part of the deal, La Caisse will also take a minority equity stake directly in GO.FARM, a move the companies describe as reinforcing their long-term alignment beyond the platform itself.
Targeting Permanent Crops and Water Assets
The platform will build a diversified portfolio of Australian irrigated permanent crops, tapping into GO.FARM's approach of converting underutilized land and water assets into investment-grade agricultural operations. GO.FARM, founded in 2013 by Liam Lenaghan, currently manages approximately $1.1 billion (AUD 1.6 billion) in assets, with a focus on large-scale permanent horticulture, water efficiency and climate-smart farming systems.
Executives on the Partnership
“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,” said Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure and Sustainability at La Caisse.
“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,” said Liam Lenaghan, Founder and Managing Director of GO.FARM.
La Caisse's Broader Push Into Australian Agriculture
The new platform extends La Caisse's existing footprint in sustainable land management in Australia, adding permanent crops to an investment strategy that has increasingly targeted agricultural infrastructure with long investment horizons.
