By Lynda Kiernan Private real estate investment trust (REIT) Goldcrest Farm Trust (GFT) announced it has secured more than $300 million in capital commitments from a collective of leading institutional pension fund investors for its second investment vehicle. Although the specific pension funds have not been named, it is known that the Ontario Teachers Pension […]
By Lynda Kiernan Boulder-based growth equity investment firm Harbinger Ventures announced a close for its second fund with capital commitments totaling $21.7 million. This close brings the firm’s capital under management to $27.8 million, and at 12 times the size of Fund I, is a reflection of success of Harbinger’s investment thesis. Launched in 2016 […]
By Lynda Kiernan Paine Schwartz Partners announced that it has closed its Paine Schwartz Food Chain Fund V at $1.425 billion. Fund V represents Paine Schwartz’ largest fund to date, having exceeded its original funding target of $1.2 billion due to high demand and strong support from its investors hailing from the U.S., Canada, Europe, […]
By Lynda Kiernan French asset manager Eiffel Investment Group has secured EUR 80 million (US$87.2 million) from the European Investment Bank (EIB) for its Eiffel Essentiel Fund, an impact fund dedicated to the long-term support of businesses in agriculture and agri-food, health, and sustainable energy seeking “to meet the most basic needs of humanity”. Eiffel […]
By Lynda Kiernan Allianz Global Investors (AllianzGI) has announced the launch of the Allianz Impact Investment Fund (AIIF), its first multi-asset private equity and debt impact fund. Formed to leverage the significant growth being seen in the $502 billion global impact investing space, the AIIF will focus on sectors that generate quantifiable environmental or social […]
By Lynda Kiernan Private global banking and asset management group LGT has agreed to acquire Aspada, a leading India-focused holding company and venture capital impact investment fund, from Aspada’s sole shareholder, Soros Economic Development Fund. Terms of the deal were not disclosed. In the hands of the Liechtenstein Princely Family for more than 80 years, […]
By Lynda Kiernan PowerPlant Ventures, a private equity firm dedicated to investing in emerging plant-based food and beverage companies, and backer of some of the leading brands in the category, including Beyond Meat, Ripple Nutrition, and Thrive Market, announced it has closed its second fund – PPV Fund II, at $165 million. Founded in Los […]
by Lynda Kiernan Toronto-based specialty farmland investor Area One Farms announced the first close of its Fund IV at $120 million. At the same time, the firm also shared that Fund IV has deployed its first two partnership allocations. Launched in 2011 by siblings Joelle and Benji Faulkner, Canadian private equity firm, Area One Farms […]
by Lynda Kiernan EXEO Capital has announced the final close of its Agri-Vie Fund II, outpacing its first fund by 50 percent, at $146 million. EXEO Capital was launched in March 2016 through a 50/50 joint venture between the founders of the South African private equity fund, Agri-Vie, and pan-African asset manager, STANLIB, as an […]
by Lynda Kiernan Pioneering Ventures, a Zurich and Mumbai-based venture capital accelerator focused on India’s agriculture and food sectors, has announced the launch of the Rural India Impact Fund, a $70 million private equity fund to invest in companies it has grown in India. “Growth prospects offered by India’s agri and food sector are phenomenal […]
