EMVest Asset Management

EMVest Asset Management was founded in 2011.^[1] It is a joint venture between Emergent Asset Management and Grainvest, a subsidiary of the RussellStone Group.^[2] The firm invests in landholdings in South Africa, Mozambique, Eswatini, Zambia, Zimbabwe.^[1]

In June 2011, the Oakland Institute revealed that Harvard University, Vanderbilt University, and other American colleges and universities had invested heavily in African landholding via this firm.^[3] They were accused of "landgrabbing."^[3] By 2013, Vanderbilt University, a university based in Nashville, Tennessee where students had led protests in the wake of the revelation, removed its US$26 million investment from EMVest.^[4]