Clare Pennington

Good secondaries dealflow saw the predecessor fund's allocation to the strategy raised to 51%.

It makes sense for LPs to use the secondaries market for liquidity rather than seek asset sales when it comes to Australian agri, according to the head of a Queensland-based investment firm.

The firm's latest timber fund has so far been invested most heavily in secondaries, followed by co-investments, according to a partner in Stafford's timber group.