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Clare Pennington
Good secondaries dealflow saw the predecessor fund's allocation to the strategy raised to 51%.
It makes sense for LPs to use the secondaries market for liquidity rather than seek asset sales when it comes to Australian agri, according to the head of a Queensland-based investment firm.
The firm's latest timber fund has so far been invested most heavily in secondaries, followed by co-investments, according to a partner in Stafford's timber group.