Arcia  /  Portfolio  /  Fund 10
Fund 10 · Active

Income & Lease

Not every LP wants development risk, aggregation risk, or transition risk. Fund 10 is the current-income sleeve — stabilized fee-simple farmland net-leased to creditworthy operators on multi-year terms, structured for periodic cash distribution rather than value-add compounding.

$15.000B
Fund Size
2026
Vintage
Fee-Simple
Ownership
Market Backdrop

Why this strategy, why now.

Institutional demand for current-income farmland exposure is durable — it fills a specific portfolio role that value-add strategies cannot. Fund 10 exists to fill it without contaminating other Arcia funds with return-profile mismatches.

Strategy

How we underwrite this fund.

  • Only stabilized acreage is acquired — no development, no aggregation, no active transition.
  • Operator credit is the primary underwriting variable alongside underlying farmland quality. Multi-year net leases are structured with documented rent escalators and creditworthy guarantors.
  • Water security and soil quality remain baseline requirements; the fund does not compromise on the underlying asset in pursuit of higher lease rate.
  • Portfolio is diversified across regions, crop types, and operator counterparties — no single lease exceeds a documented concentration ceiling.
Geography

Where the acreage sits.

Cross-region. Corn Belt row-crop, Delta irrigated row-crop, California permanent crop, Pacific Northwest specialty — selected first on operator credit and lease terms.

Operating Approach

What we do after the acquisition.

Central asset management team coordinates lease administration, rent collection, and operator credit reviews. Property-level operating decisions rest with tenant-operators under lease terms; the fund does not manage crop plans.

Risk Considerations

What we watch, and what we don't hedge.

Operator credit is the principal risk and is managed through counterparty selection, guarantor structures, and diversification. Commodity price cycles affect the underlying acreage's residual value but not the current-income lease payments during their terms.

Fund Terms

Structural notes.

Vehicle
Delaware Limited Partnership
Vintage
2026
Target Fund Size
$15.000B
Term
Long-hold — see PPM
Ownership
Fee-simple
Minimum Commitment
Institutional — see PPM

Fund terms shown are structural summaries only. Prospective limited partners should refer to the Private Placement Memorandum, Limited Partnership Agreement, and Subscription Documents for complete terms, fees, and risk disclosures.

Request the Fund 10 data room.

Qualified institutional and accredited investors may request access to the PPM, LPA, and quarterly reporting materials.

Contact Investor Relations