Agriculture

US Agriculture and Halderman Real Asset Management announce merger

US Agriculture and Halderman Real Asset Management announce merger

US Agriculture, LLC (“USAG”) announced today that it has merged operations with Halderman Real Asset Management, LLC (“HRAM”). The combined entity will continue to operate as US Agriculture. Anatole Pevnev, Managing Director of USAG, will serve as Managing Director of the merged company. Howard Halderman, Founder and President of HRAM will serve as Executive Chairman of USAG’s Board of Managers. Terms of the transaction were not disclosed.

As part of the merger, US Agriculture will make the following senior management appointments:

  • Adam Gore will join USAG as Director of Portfolio Management,
  • David Martin will join USAG as Director of Asset Management,
  • Brian Wise will join USAG as Director of Acquisitions, and
  • James Boren will join USAG as Controller.

US Agriculture, founded in 2015 by Hageman Group, is an SEC registered investment adviser focused on institutional investment in farmland. Hageman Group is the family office founded by Steve Hageman, who has a deep history in production agriculture and real estate investment. Steve was a founding partner of Remington Seeds, which, over the course of thirty years, grew to become the nation’s largest non-retail corn and soybean seed production, conditioning, and distribution company. Mr. Hageman, who serves as a Member of USAG’s Board of Managers, sold his interest in Remington Seeds in 2013 to an institutional investor focused on agricultural operating assets.

Halderman Real Asset Management, founded in 2013 by Howard Halderman, is a privately held, SEC registered investment adviser, providing agricultural investment management services for institutional investors. HRAM grew out of the farm management business of Halderman Farm Management Service, which was founded in 1930 by Howard’s grandparents, Howard H. Halderman and Marie Halderman.

With regard to the transaction, Howard Halderman noted that, “We’re very excited about this merger and the benefits it brings to both our clients and our firm. The deep network of relationships that the Hageman family and US Agriculture bring will open significantly more investment opportunities and allow us to expand the breadth and depth of what we offer investors.”

“HRAM brings with it a strong investment team with a deep background in farming and agriculture. We’re excited to have them join us as part of US Agriculture,” commented Steve Hageman.

Mr. Hageman added that, “My family has been farming in Indiana for over a hundred years. As we grew Remington Seeds, we knew that the success of our partners was fundamental to our own success. So, it was only natural that when we launched US Agriculture, we would be focused on the success of the farmers we work with. Howard and his team bring with them that same sharp focus on the success of their tenants and their partners.”

About US Agriculture, LLC
Focused on investment in farmland, US Agriculture, LLC is a privately held, SEC registered investment adviser. Founded in 2015, USAG is headquartered in Indianapolis.

About Halderman Real Asset Management, LLC
Halderman Real Asset Management, LLC, founded in 2013 by Howard Halderman, is a privately held, SEC registered investment adviser, providing agricultural investment management services for institutional investors. HRAM is headquartered in Indianapolis.

More information about US Agriculture is available at www.US-Agriculture.com.

Disclaimer: Some information contained herein is derived from selected third party sources believed by US Agriculture to be reliable, but no representation or warranty is made regarding its accuracy or completeness. Opinions and forecasts expressed reflect the current judgment of US Agriculture and may change without notice. Nothing herein constitutes an offer or solicitation of any product or service to any person or in any jurisdiction where such offer or solicitation is not authorized or is prohibited by law. Past performance is not necessarily indicative of future results.

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