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Ed Peter’s Duxton stops investors withdrawing from flagship farm fund

Primrose Riordan
Primrose RiordanSenior Reporter
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Duxton, the asset management house founded by prominent South Australian businessman Ed Peter, has stopped investors from withdrawing money from its unlisted agricultural fund amid a strain on the finances of several of the pubs and farms group’s portfolio of companies.

Mr Peter is the former head of Deutsche Asset Management in Asia and chair of Duxton, an investment vehicle that oversees a portfolio of pubs, vineyards, farms and water rights. His companies have secured backing from prominent investors, including the billionaire Oatley family, hedge fund manager Richard Magides and Phil King’s Regal Partners.

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correction

An earlier version of this article said the Duxton Diversified Agricultural Fund would sell its stake in the ASX-listed Duxton Water. It is selling a separate, unlisted water fund.

Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/ed-peter-s-duxton-stops-investors-withdrawing-from-flagship-farm-fund-20241003-p5kfo6