SAN FRANCISCO, April 16, 2015 (GLOBE NEWSWIRE) -- Farmland LP, a private equity firm that launched the nation's first farmland REIT focused on sustainable agriculture, today announced that Stephen Hohenrieder has joined the firm as a General Partner. Mr. Hohenrieder brings 20 years of experience in agribusiness and investment management to Farmland LP and will be responsible for acquisitions, asset management and strategy.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/998c97f1-0bb8-4e09-9362-1b6b641918cc
"Stephen brings a wealth of experience and success creating value in long-term assets," said Craig Wichner, co-founder and Managing Partner of Farmland LP. "His expertise will be invaluable as we scale our largest farmland fund to date."
Mr. Hohenrieder’s career has provided a broad perspective for investing on behalf of family offices and their related entities, with roles including firm management and leadership, asset allocation and due diligence, deal and capital sourcing, portfolio management, and operating roles in portfolio companies.
"Farmland LP is increasing the amount of certified organic and sustainably managed acreage for crop and livestock producers to meet significant unmet demand. My role at Farmland LP perfectly integrates my education and life-long interest in agriculture with my investment and operating experience to build a practical portfolio of real assets that support a healthier food system," said Hohenrieder.
Most recently, Mr. Hohenrieder was a managing director and partner at Bio-Logical Capital where he co-led the acquisition of Hana Ranch, a unique 3,700 acre land asset with diverse operating businesses including livestock, farming, retail, and two PUC regulated water utilities. His previous work includes having co-founded Featherstone Holdings, a real asset focused family office advisory; was COO and interim CEO of Lustre-Cal Corporation; and, served as a member of Springcreek Advisors’ investment committee. Mr. Hohenrieder founded the wealth and asset management businesses at ThinkEquity Partners, which he built to $1 billion of assets when the firm was sold to Panmure Gordon. He began his career with Montgomery Securities, now part of Bank of America.
About Farmland LP
Farmland LP (www.farmlandlp.com) is a real estate private equity firm that acquires conventionally-farmed land and, using sustainable agriculture practices, converts it to organic farmland. Our methods build soil fertility, generate financial value, and benefit farmers and ranchers who lease our land to produce premium quality food.
CONTACT: Erin Roach, Farmland LP, 415.293.8260 or email@example.com
Source:Vital Farmland Holdings, LLC