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Project Crescent: Ellerston taps into WA’s wheat belt with agri bet

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Ellerston’s Industrial Growth Fund is betting on Australia’s western “wheat belt”, ploughing funds into a leading John Deere agricultural equipment distributor and opening the door to co-investors.

Ellerston Capital's Ashok Jacob. Jim Rice

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/project-crescent-ellerston-taps-into-wa-s-wheat-belt-with-agri-bet-20241009-p5kgwy