Investment structures

Managing other peoples’ money

Assetization inside and outside agriculture often happens through spatially extensive investment chains involving many players. As expressions of the fact that the original sources of capital (e.g. depositing employees) are often linked via delegation structures with other intermediaries such as pension funds or asset managers, these connect different actors, histories, institutional contexts, and material realities with each other and often cut through different legal systems. By combining risk-return-effective geographic localizations and specific extraction strategies, global investment chains become arenas for the redistribution of value, besides becoming the enablers of new, sometimes global, commodity chains. We can trace their making, the actors involved, the links they establish, and the glue that underpins these.