Bonnefield Completes Additional Financing Round, Exceeds Half-Billion in Assets Under Management

Bonnefield Completes Additional Financing Round, Exceeds Half-Billion in Assets Under Management

TORONTO, Oct. 18, 2017 (GLOBE NEWSWIRE) -- Bonnefield Financial Inc. has completed a second round of financing for its Bonnefield Canadian Farmland LP IV.  A new $70 million commitment from a large Canadian pension plan brings the total committed capital for LP IV to $130 million, and this total is expected to grow further in the coming months.

?This new commitment from one of Canada's largest institutions shows the attractiveness of Bonnefield's business model,? said Tom Eisenhauer, Bonnefield's CEO.  ?Canadian farmers use our long-term, farmland sale-leaseback solutions to grow, reduce debt, and help transition their farm to the next generation.  At the same time, our approach produces consistently attractive, low-risk, low-volatility returns for investors. And best of all, it enables us to ensure prime farmland across Canada is protected for farming use.?

With the new commitment to LP IV, Bonnefield's total assets under administration now exceed $500 million across three active funds. ?Our asset growth is the result of strong interest from both institutional and high-net-worth investors in farmland as an attractive, inflation-hedging investment,? said Eisenhauer. ?Bonnefield's scale has enabled us to assemble the most diversified, highest-quality farmland portfolio in Canada, with approximately 100,000 acres coast-to-coast, farmed by  70 Canadian farm families who grow a broad range of crops including grains, pulses, vegetables, potatoes, fruit, and specialty crops.?

About Bonnefield

Bonnefield is Canada's foremost provider of land-lease financing for farmers, dedicated to preserving ?farmland for farming? across Canada. We partner with progressive, growth-oriented Canadian farmers to provide farmland leasing solutions to help them grow, reduce debt and finance retirement and succession. Bonnefield and its farmland funds are 100% Canadian owned and controlled. Our investors are Canadian individuals and institutional investors who are committed to the long-term future of Canadian agriculture. www.bonnefield.com

Bonnefield Financial is headquartered in Toronto, Canada with offices in Ottawa. For more information visit www.bonnefield.com, follow @Bonnefield or contact:

Lisa Courtney Lloyd
[email protected]