Mad Capital Unveils Perennial Fund II to Support Regenerative Organic Farmers in the U.S.

Mad Capital has launched Perennial Fund II (PFII) to provide tailored loans to U.S. farmers, enabling them to transition to regenerative organic farmland and boost profits. The fund, aiming for $50 million, has already garnered early commitments from various investors, including Builders Vision, The Rockefeller Foundation, and several family foundations.

With a focus on regenerative organic agriculture, PFII seeks to extend Mad Capital’s financing to over 150,000 acres of farmland and partnerships with 50 farming families. Brandon Welch, Mad Capital's co-founder and CEO, emphasized the fund's mission to bridge the gap between Wall Street and organic farmers, fostering an abundance of healthy food and ecological accountability. The initiative aims to counteract the adverse effects of extractive farming practices, supporting farmers in transitioning to organic, investing in soil health, developing new markets, and diversifying their enterprise.

According to the firm's press release, Mad Capital has been actively lending to regenerative organic farmers for five years. As of February 2024, Mad Capital has deployed over $25 million to 30 farmers, which has helped transition over 10,500 acres of land to organic and grow their total portfolio acres by 26% per year, up to 79,115 acres. The PFII brings Mad Capital closer to its ultimate goal of financing 5,000,000 acres of regenerative organic farmland by the end of 2032.