WisdomTree to acquire Ceres Partners for $500m.

WisdomTree, a provider of innovative exchange-traded products, agreed to acquire Ceres Partners, a specialist investment manager focused on food, agriculture, and most recently, water resources, for $500m. “Farmland is one of the largest yet most underpenetrated real asset classes in the US, offering both scale and scarcity. This acquisition expands our leadership in innovative, income-generating investment solutions, while strategically accelerating our entry into private asset markets with a high-quality, scalable platform. It reflects our commitment to delivering differentiated exposures that drive long-term value for clients and stockholders alike. This strategic acquisition now positions WisdomTree to capitalize on the most significant structural growth opportunities in wealth and asset management today: ETPs, private markets, managed models and tokenization,” Jonathan Steinberg, Founder and CEO WisdomTree.