Street Talk

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

Sarah Thompson, Kanika Sood and Emma Rapaport

Oct 9, 2024 – 5.20pm

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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

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.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.