December 3, 2014
Rabo Equity Advisors, the private equity arm of Rabo Group, has raised $100 million toward the first close of its second fund – the India Agri Business Fund II. This new fund, with a total targeted corpus of $200 million, will focus on investments in agriculture, dairy, and warehousing. Having raised the first half of the targeted funds from anchor investors and sponsors, Rabo Equity Advisors will shift its focus to commercial investors such as insurance companies, pension funds, and funds of funds for the remainder. The fund plans to invest between $15 million and $17 million into each of 10 to 12 companies with deployment staged to begin in January of 2015. Through its first fund – India Agri Business Fund I, Rabobank has invested approximately $120 million in 10 companies, and has moved on to begin exits from these investments. India Agri Business Fund II is scheduled to close in October of next year.
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