Agriculture

We seek to create and manage customized, diversified, sustainable agricultural portfolios on behalf of our clients. Operating as Hancock Natural Resource Group, a Manulife Investment Management company, we’re one of the largest institutional managers of agricultural real estate in the United States. We oversee approximately 340,000 acres of prime farmland in major agricultural regions in the United States, Canada, and Australia.

Philosophy

We seek to invest in a portfolio of diversified farms, leveraging our strong regional relationships to gain access to a variety of crop types, commodity types, geographies, and operating structures. Our proprietary research informs our investment decisions and drives strategic operational decisions. We believe our global acquisition pipeline provides opportunities to construct customized agricultural investment solutions.

Our integrated property management can help reduce costs, enhance alignment of interests, optimize land use, and ensure that commitment to sustainability carries through from investment strategy development to strategy execution.

As a steward of agricultural holdings, we’re committed to conducting all of our business activities in a manner that preserves and enhances the quality of our environment and local communities, empowers our people, and provides market-rate returns for our clients. We manage our assets as good stewards of the land, the environment, and the community on behalf of our investors. 

For more information, visit hancocknaturalresourcegroup.com

Managed by

Oliver S. Williams IV, CFA

Global Head of Agriculture Investments, Hancock Natural Resource Group

Oliver is responsible for the overall direction and growth of Hancock Agricultural Investment Group’s (HAIG’s) institutional farmland investment program. He is a member of the senior management team of Hancock Natural Resource Group (HNRG) and serves on its executive committee. He also leads the management team for HAIG, serves on HAIG’s investment committee, and chairs company boards for HAIG’s Australian investment vehicles. Previously, Oliver headed HAIG’s asset management function and was part of the HAIG senior management team. Prior to joining the firm in 1997, he spent five years with the First Pioneer Farm Credit, where he was responsible for evaluating and appraising farmland and farm businesses for potential loans. Oliver holds the Chartered Financial Analyst designation, and is a member of the American Society of Farm Managers and Rural Appraisers, the Association for Investment Management and Research, and the Boston Security Analysts Society.

  • Education: B.S. in Agricultural Economics, Cornell University
  • Joined the company: 1997
  • Began career: 1997
Oliver S. Williams IV, CFA

Richard Bodio, Jr., CFA

Managing Director, Deputy Chief Investment Officer, Agriculture

Rick is responsible for the development of new investment strategies and growth initiatives, client investment governance and identifying and mitigating risk exposures related to HNRG’s agricultural investment process, products and client investments. Rick is a member of the HNRG Natural Resource Investment Committee and Investment Strategy Committee. In addition, he is directly involved with business development activities, structuring investment management agreements, and designing client investment goals and constraints. During his time with HNRG, Rick has led the Farmland Plus investment team, the Client Account Management team, and the investment underwriting function. Prior to joining HAIG in 2011, Rick worked in financial strategy for Forest Systems Management Company. Rick is a CFA® charterholder and a member of the CFA Society Boston.

  • Education: B.A in English and Philosophy, Providence College; MBA, University of Connecticut
  • Joined the company: 2011
  • Began career: 2005
Richard Bodio, Jr., CFA

Key facts

  • Inception date

    1990

  • Strategy AUM (USD)

    $3.9B

  • Category

    Private markets

  • ESG

    100,858 acres of farmland certified sustainable 

ESG statistics are as of December 31, 2019. All other information shown is as of March 31, 2021, unless otherwise indicated. Strategy-level information may differ from vehicle-specific information. Not all vehicles are available in all locations.

Data includes assets managed by Manulife Investment Management and its affiliates on behalf of Manulife’s Canadian and U.S. General Accounts and also certain third-party investors. AUM of Hancock Agricultural Investment Group, an operating division of Hancock Natural Resource Group, Inc., managed on a discretionary and non discretionary basis for the General Account, its affiliates and third party clients. Investment opportunities are offered to institutional investors through Hancock Natural Resource Group. 


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