Overview
As of December 31, 2023, AGR managed $636 million in discretionary client assets and $460
million in non-discretionary client assets. AGR is a majority-owned indirect subsidiary of Nuveen
LLC (“Nuveen”) and a member of the TIAA group of companies.
Nuveen is a subsidiary of Teachers Insurance and Annuity Association of America (“TIAA”), a
leading financial services provider and the ultimate principal owner of AGR. Nuveen, the
investment management division of TIAA, offers a comprehensive range of outcome-focused
investment solutions designed to secure the long-term financial goals of institutional and
individual investors. Nuveen’s advisory affiliates offer deep expertise across a comprehensive
range of traditional and alternative investments through a wide array of vehicles and customized
strategies.
TIAA was founded 100+ years ago to help teachers retire with dignity, our reach now extends well
beyond education. TIAA stands hand-in-hand with over 5 million clients to help fortify their
money and ignite their dreams. TIAA offers a wide range of financial solutions, including
insurance, investing, banking, advice and planning, and retirement services.
AGR provides investment management and advisory services to privately offered pooled
investment vehicles (“private funds”) and separately managed accounts (together, private fund
“Clients”) for a range of strategies including, but not limited to, investments in companies
throughout the agriculture value chain in the United States and select international arenas.
AGR makes investment decisions for its Clients’ accounts in accordance with the investment
objectives and guidelines set forth in each Client’s account documentation. For separately
managed accounts, AGR tailors its advisory services to the Client’s specific investment objectives
and needs, which are determined based on meeting with the Client to determine its needs and
objectives. All investment decisions
and advice with respect to separately managed accounts will
be provided in accordance with the investment objectives and guidelines set forth in the relevant
investment management agreement, as well as any other instructions or restrictions that the client
may provide. Separately managed account Clients may impose restrictions on investing in certain
securities. Furthermore, the actual instruments AGR utilizes to execute the strategy may differ
between Clients’ taxable and retirement accounts because of the margin restrictions within
retirement accounts.
With respect to its private fund Clients, AGR manages each private fund in accordance with the
private fund’s offering memoranda, prospectus or other relevant offering document or constituent
documents (collectively, “Offering Documents”). AGR does not tailor its investment advice to the
individual investors in each private fund that it manages. As such, and as a general matter and
subject to exceptions, investors cannot impose restrictions on the types of investments made through
the private funds. Investors in a private fund are not considered “clients” of AGR solely by virtue
of their investment in the private fund.
Deal sourcing is the direct responsibility of the Firm’s senior investment professionals. Senior
investment professionals are expected to proactively develop channels through which to reach
prospective partners and cultivate relationships. These channels include professional services
firms (law offices, accountancies, estate planning consultants, suppliers, etc.) and banks that have a
dedicated lending effort focused on the agricultural sector. These intermediaries are often willing
to introduce AGR to clients because of its collaborative, non-control equity focus. From the
intermediary’s perspective, an investment by AGR can strengthen the company and maintain the
independence of a client that might otherwise pursue a full sale to a competitor or financial buyer.
AGR does not participate in wrap fee programs.