Street Talk

Queensland’s koala farmland fund hits fund-raising trail

Sarah Thompson, Kanika Sood and Emma Rapaport

Oct 3, 2024 – 7.39pm

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Queensland’s Upscale Funds Management is back in the market with its second specialist biodiversity fund, seeking to raise funds from wholesale investors to purchase rural land and collect offsets tied to koala habitat.

Koalas are listed as endangered in NSW, the ACT and Queensland. Dean Sewell

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.