Asset ManagerRIA · CRD 163409Exempt Reporting AdviserPrivate Fund Adviser

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Macquarie Agricultural Funds Management

Macquarie Agricultural Funds Management — a specialist farmland and agribusiness fund manager within Macquarie Asset Management, investing globally since 1994.

Macquarie Agricultural Funds Management

MACQUARIE AGRICULTURAL FUNDS MANAGEMENT LIMITED is a registered investment adviser with the SEC, based in Sydney NSW since 2012.

General information

Firm type

Fund Manager

Year founded

1994

Location

Region

Oceania

Country

Australia

City

Sydney Nsw

Corporate office

Sydney, Australia

Additional offices

Melbourne, Australia · London, United Kingdom · New York, United States

Principals

Shemara Wikramanayake

Managing Director & CEO, Macquarie Group

Nick O'Kane

Head of Macquarie Asset Management

Sector focus

Agriculture & FoodInfrastructureReal AssetsEnergy Transition & Renewables

Frequently asked questions

What types of agricultural assets does MAFM target?

MAFM targets irrigated farmland for row crops (corn, soy, wheat), permanent plantings (almonds, citrus, stone fruit), and timberland. It has also invested in agri-logistics assets like grain terminals and cold storage. The firm avoids livestock and commodity trading operations, focusing on land with stable water rights and long tenure.

What geographic regions does MAFM focus on for farmland investments?

MAFM's principal regions are Australia (particularly the Murray-Darling Basin for irrigated crops and the southern high-rainfall zone for timber), the US Pacific Northwest and Midwest, Brazil (cerrado region for soy), and select European countries including Spain and Portugal for permanent plantings. The firm is selective about water-security and regulatory stability.

What is the succession and leadership structure for the agricultural team within Macquarie?

MAFM is led by a head of agricultural investments who reports to the global head of natural resources within Macquarie Asset Management. As of 2024, that head is David Fagan, a Macquarie veteran with over 20 years at the firm. The team is spread across Sydney (head office), London (covering Europe), and New York (covering Americas). Macquarie Group's CEO, Shemara Wikramanayake, was previously global head of Macquarie Asset Management but does not directly oversee MAFM.

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