Ranches and Private Equity

Be sure to check out this interesting article in today’s Wall Street Journal about several private equity funds that are purchasing large western ranches, improving their fisheries and wildlife habitat, and reselling them at a profit:

Ranch Fixer-Upper Flips

I’ve had the opportunity to work with several of these groups over the past few years, and I personally admire the way they are able to bring together governmental, non-profit, and traditional business groups to simultaneously improve the natural landscape AND turn a profit for investors.