Grainfield Capital Management
Bringing the Benefits of U.S. Farmland
to Individual Investors
Introduction to Grainfield
Grainfield Capital Management offers high net worth investors, family offices, and advisors serving affluent individuals the opportunity to include farmland in investment portfolios.
WHO ARE WE?
We are experienced farmland investors and managers offering investors a convenient and efficient way to add farmland to their portfolios.
We believe farmland is a unique asset class that can help diversify portfolios, achieve improved risk-adjusted returns, and hedge against inflation.
WHAT DO WE DO?
We organize/manage LLPs to invest in U.S. farmland. Investors contribute capital, we chip in some of our own, and together we’re owners in operating farms.
WHERE DO WE INVEST?
We focus on Midwest row cropland with highly productive soils, world-class operators, excellent infrastructure, and attractive potential returns.
Grainfield Capital Management is led by Randy Hertz and Dan O’Neil
Combined 70+ years of experience in farmland investing and management, commodity futures trading, and marketing agricultural commodities.
CEO & President, Hertz Farm Management, Inc., a leader in U.S. farmland brokerage, management, and appraisal, with 575,000 acres under management.
Former President, Charles Schwab Futures, the commodities unit of Schwab, a Fortune 500 financial services giant with $5+ trillion in AUM.
Accredited Farm Manager, Accredited Land Consultant, and Certified Financial Planner, and Member of the Iowa and American Society of Farm Managers and Rural Appraisers as well as the Iowa and National REALTORS® Land Institute.
B.S. in Agriculture, Iowa State, and MBA, Harvard.
Executive Vice President, optionsXpress, a Nasdaq-listed online derivatives broker acquired by Schwab for ~ $1B.
Co-Founder, Xpresstrade, an industry-first online commodity futures broker, acquired by optionsXpress.
B.A., Middlebury, and MBA, University of Chicago.
Grainfield Capital Management Team
Chief Operating Officer of Hertz, CEO of Hertz Associates Ltd, and Partner, Grainfield Capital Management. Chad joined Hertz in 1994 and is a recognized expert on precision agriculture and information technologies. Chad is an Accredited Farm Manager and a member of the American Society of Farm Managers and Rural Appraisers and the Ag Studies Advisory Board for Hawkeye Community College. Chad received a B.S. in Agriculture and a M.S. in Agricultural Economics from the University of Illinois.
President of Real Estate, Hertz. Doug joined Hertz as President of Real Estate Services in 2017. Doug has nearly 25 years of experience in the land brokerage and auction business, including many years operating his own business, and more than a decade prior to that brokering and auctioning farms for a highly respected regional farmland firm. He received a B.S., Agricultural Economics, and MBA, University of Illinois.
President of Farm Management, Hertz. During Jeff’s 30-plus years with Hertz as an appraiser, farm manager and real estate broker, he has accomplished many achievements. Jeff is an Accredited Farm Manager and belongs to several organizations, including: American Society of Farm Managers and Rural Appraisers (ASFMRA) and Farm Managers Advisory Board. Jeff received a B.S. in Agriculture Business from Iowa State University.
The information contained in these documents is confidential, privileged and only for the information of the intended recipient and may not be used, published or redistributed without the prior written consent of Grainfield Capital Management, LLC (“Grainfield”).
This material is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by Grainfield to be reliable, and not necessarily all-inclusive and are not guaranteed as to accuracy. There is no guarantee that any forecasts made will come to pass. Any investments named within this material may not necessarily be held in any funds/accounts managed by Grainfield. Reliance upon information in this material is at the sole discretion of the reader. Grainfield Capital Management, LLC, its subsidiaries, directors, employees and agents cannot be held liable for the use of and reliance of the opinions, estimates, forecasts and findings in these documents.
Past performance is not a guide to future performance. Investment involves risk, including loss of principal. The value of investments and the income from them can fall as well as rise and is not guaranteed.
A Word on Risk
Investing involves risk; principal loss is possible. Alternative investments, including U.S. farmland, may be illiquid, there may be no liquid secondary market or ready purchasers for such assets, they may not be required to provide periodic pricing or valuation information to investors, there may be delays in distributing tax information to investors, they are not subject to the same regulatory requirements as other types of pooled investment vehicles, and they may be subject to high fees and expenses, which will reduce profits. Alternative investments are not suitable for all investors and should not constitute an entire investment program. Investors may lose all or substantially all of the capital invested. The historical returns achieved by alternative asset vehicles is not a prediction of future performance or a guarantee of future results, and there can be no assurance that comparable returns will be achieved by any strategy. Farmland investments are less developed, more illiquid, and less transparent compared to traditional asset classes. Investments will be subject to risks generally associated with the ownership of real estate-related assets, including changes in economic conditions, currency values, environmental risks, the cost of and ability to obtain insurance, risks related to leasing of properties, fluctuations in property values, higher expenses or lower income than expected, currency movement risks, and potential weather and environmental problems and liabilities.