The Alberta Investment Management Corp. is increasing its Australian agriculture portfolio with the acquisition of a cattle management company.

The transaction will see the AIMCo and its local investment partner New Agriculture take over the Kimberley Cattle Portfolio, which includes Yougawalla Pastoral Co. and Argyle Cattle Co. Details of the transaction haven’t been disclosed.

“We are very pleased to continue our partnership with New Agriculture, which will contribute its deep asset management and sustainability expertise as we seek to achieve both positive investment returns and community impact,” said Ben Hawkins, executive managing director and head of infrastructure and renewable resources at the AIMCo, in a press release.

Read: AIMCo acquiring stake in Calgary-based geothermal energy subsidiary

In other news, the Investment Management Corp. of Ontario is adding $2.6 billion in portfolio assets from four public funds based in Ontario.

The IMCO will oversee investments for the Financial Services Regulatory Authority of Ontario ($1.2 billion for the Pension Benefits Guarantee Fund), the Tarion Warranty Corp. ($702 million for Tarion’s guarantee fund), the City of Ottawa ($633 million for the City of Ottawa’s OC Transpo employees’ defined benefit pension plan) and the Ontario Clean Water Agency ($50 million for the agency’s reserve fund).

“Public funds in Ontario that join the IMCO have access to a high quality, end-to-end investment solution that is more comprehensive and lower cost than any alternative,” said Bert Clark, the IMCO’s president and chief executive officer, in a press release.

Read: IMCO joining network of employee ownership coalition