Chuck Stanley
Colin Butterfield, who managed Brazilian farmland investments for a TIAA-CREF and Cosan Alimentos JV, will helm the university endowment’s natural resources strategy.
The funding will go into expanding CerradinhoBio’s production capacity for sugar ethanol and bio-based electricity.
Key members of staff can now make larger infrastructure investments without committee approval.
The agency will provide loan guarantees of up to $250m to develop biofuel and chemicals projects.