SAN FRANCISCO–(BUSINESS WIRE)–FarmTogether, the online marketplace that offers access to institutional quality U.S. farmland investments, today announced that Richie Prager has been named an Advisor and Board Observer to the company. Prager is a former financial executive as well as an entrepreneur focused on FinTech, data, and real estate. He currently sits on the Board of Directors at MarketAxess, the operator of a leading electronic trading platform for fixed-income securities and provider of market data and post-trade services for the global fixed-income markets. Additionally, he is a Senior Advisor for AI automation company, Tresata.
“FarmTogether is charting new territory, and as such we were looking for someone with a unique, highly specialized skill set to advise us as we grow,” said FarmTogether founder and CEO, Artem Milinchuk. “Richie is the perfect fit. He not only possesses a wealth of applicable experience, he believes in our mission and the value FarmTogether offers investors, farmers, and farmland owners.”
Prager spent his 38-year career in finance, working on the buy and sell side in New York, London, Sydney and Charlotte. Over the last decade, he served as Senior Managing Director, Global Head of Trading and Liquidity Strategies for BlackRock, where he was also a member of the Global Executives Committee. His specialties include identifying and developing new markets, market structure, data, and technology.
Prager’s insights will assist FarmTogether as it builds out its marketplace to radically democratize farmland investing by enabling non-institutional investors to take advantage of returns on historically strong U.S. farmland investments. Through the FarmTogether platform, investors have a single destination to browse potential farmland investments, review due diligence materials, invest in properties, and sign legal documents– all securely online.
“I see tremendous potential to develop an important new defensible asset class: farmland,” said Prager. “FarmTogether’s mission is to provide institutional and retail investors with greater access and options to invest in farmland while providing farmers and farmland owners access to cheaper and more flexible sources of capital. Artem and his team have the vision, the right skills, as well as boundless energy and passion for this new asset class, and I am excited to aid them in bringing their vision to fruition.”
To learn more about FarmTogether and its current properties, please visit farmtogether.com.
FarmTogether is a new kind of online marketplace that enables individuals to invest in U.S. farmland. The company has developed an end-to-end platform that allows investors to browse carefully vetted farmland investments, review due diligence materials, invest in properties, and sign legal documents all in a secure online environment. FarmTogether’s team and partners are cross-industry professionals with over 70 years of experience across farmland investing, agriculture and real estate in the U.S. and globally. Learn more at www.farmtogether.com.