by Lynda Kiernan Employee-owned private equity house Israel Investment Partners (IIP) has closed its debut fund, IIP I, oversubscribed at $500 million. An initial funding target for the fund was set at $350 million. Founded by businessmen Oded Kobo and Dr. Simón Levy-Dabbah, IIP was established to draw foreign investment to Israel; and together with […]
By Lynda Kiernan Chicago-based Granite Creek Capital Partners has closed its second fund, the Granite Creek FlexCap II Fund, (FlexCap II) oversubscribed at $200 million, and exceeding its initial funding target of $150 million. The firm’s first fund, FlexCap I, closed at $85 million of assets under management with a portfolio of 19 companies, […]
India’s National Bank for Agriculture and Rural Development (NABARD) announced the launch of a Rs 700-cr (US$105 million) venture capital fund that will concentrate on investments in rural, agriculturally-focused startups. Although NABARD has contributed to other funds in the past as a limited partner, investing Rs 273-cr (US$41 million) across 16 alternate investment funds, this […]
Hosen Capital is looking to raise a third dollar-denominated fund of up to $1 billion to invest in Asian food companies. The fund will also be its biggest, doubling the size of its second dollar-denominated fund at $460 million, and dwarfing its first which stands at $130 million. Currently, Hosen’s first fund has realized four-fold […]
A new $30 million cannabis investment fund, Greenfield Venture Capital, has been launched in Israel with the intention of making Seed and Series A round investments in cannabis-related startups. The fund is being chaired by Boaz Wechtel, a co-founder of Ale Yarok (Green Leaf), a political party in Israel dedicated to the legalization of cannabis. […]
Open Prairie announced that its Open Prairie Rural Opportunities Fund, a vehicle operating as a USDA-licensed Rural Business Investment Company (RBIC), has completed its final close at $81 million. The Open Prairie Rural Opportunities Fund was established as a vehicle geared to capitalize upon projected world population growth to 9 billion; a 70 percent increase […]
U.S.-based private equity firm Horizon Capital announced that it has closed its third Ukraine investment fund, the Emerging Europe Growth Fund III (EEGF III), at its hard cap of $200 million, exceeding its target of $150 million. EEGF III was launched with a strategy to back export-focused companies leveraging Ukraine’s cost-competitive standing in food and […]
On December 20 President Trump signed the $867 million Federal Farm Bill, which among other things, legalized industrial hemp production. This action, opening up a new agricultural category for investment, is already sparking big moves. On the same day, Sanitas Peak Financial announced the launch of a $50 million private equity fund focused on all […]
Altitude Investment Management announced it has closed its first fund – Cannabis Fund I with commitments totaling $30 million. Launched in March of this year, Fund I is currently invested in a diverse range of 16 early-to-growth stage companies engaged in the rapidly growing North American cannabis sector. Led by John Brecker, Jon Trauben, Michael […]
Melbourne-based Warakirri Asset Management announced it is launching a new agriculture investment fund with a goal of raising $100 by the end of Q1 2019, and a longer term target of $300 million. Headed by Adrian Goonan, chief executive of Warakirri’s cropping and diversified agriculture funds management, along with an expanded dedicated team, the new […]
