Ceres Partners
Steve Cardinal has extensive experience in finance and compliance. Steve began their career as an Agricultural Loan Officer at Farm Credit Services in 1980 before moving on to become Vice President - Commercial Ag Loan Officer at Horizon Bank in 1999. In 2005, they joined First Merchants Bank as Vice President, a position they held until 2012. In that year, Cardinal became Director of Finance and Compliance at Ceres Partners, LLC. In 2016, they transitioned to Ceres Securities LLC, assuming the roles of CFO and CCO.
Steve Cardinal earned a Bachelor's degree in Agriculture from Purdue University between 1974 and 1978. In 2016, they attended Kaplan University - Indianapolis for Securities Services Administration/Management.
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Ceres Partners
Private Real Estate fund focused on investing in prime United States farmland, partnering with successful farmers and delivering strong investor returns Ceres Partners was founded in 2007 to serve as investment manager and general manager of Ceres Farms, LLC, Heartland Farms, LLC and any successor investment funds. Ceres Partners manages a portfolio of properties totaling over 97,000 acres consisting of 320 farms in the states of Indiana, Illinois, Michigan, Ohio, Georgia, Kentucky, Wisconsin, New York, Tennessee, and Arkansas. Ceres Partners believes that the purchase decision is critical and looks to identify undervalued farms that generate positive cash flows. Risk is reduced when a farm is bought at the right price with multiple sources of return. Ceres also looks to improve its farms which increases the long-term value of the property and compels a higher rent. Ceres Partners actively manages each farm and selects a proven farmer from its existing network of preferred producers who desire to expand as Ceres acquires more farmland. The result is partnership that benefits both the landowner/investor and the farmer.