AP2, TIAA-CREF partner in agriculture venture

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SWEDEN/US - Swedish pension buffer fund AP2 and US pension fund manager TIAA-CREF have formed a joint venture targeting agricultural real estate.

The funds will invest primarily in grain production assets in the US, Australia and Brazil. AP2 will invest $250m while TIAA-CREF will serve as majority shareholder and administrator. Officia...

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