Bramble Run, Lucerne’s farmland investment platform, leads investment decision-making, capital deployment and portfolio construction, working in tandem with Agriglobe to align institutional investment management with disciplined asset-level operational execution.

Founded in 1992 by Phillip Christensen, Agriglobe is a specialist asset manager in permanent crops, based in California. Christensen brings a 35-year track record of managing and operating a range of institutionally-owned permanent crop assets. Since its founding, Agriglobe has developed and managed agricultural operations across citrus, fruit and nut orchards, and vineyards. Under Christensen’s direction, the firm manages over 33,000 acres across the Western United States and Portugal.

Under the partnership terms, Agriglobe provides Bramble Run an exclusive first look on all originated opportunities in US farmland. Following Rubicon’s first close, Bramble Run and Agriglobe will continue to work together on US transactions. The relationship does not extend to Agriglobe’s existing mandates or non-US activities.