Rabo Equity Advisors is reportedly planning to raise between $350 and $400 million beginning in the first quarter of 2019 for a third fund created to invest in distressed food and agriculture companies. Headed by Executive Chairman Rajesh Srivastava, Rabo Equity Advisors is the first private equity fund in Asia to be dedicated to the […]
Only one day after Blue Sky’s CFO Michael Whyte resigned, Blue Sky Alternative Investments announced a split with its $177 million Blue Sky Alternative Access Fund (BAF). Concurrently, Pinnacle Investment plans to launch Alterum Investment Management, a new affiliate tasked with taking on and managing the assets of the BAF. The separation follows a horrible year for […]
Phatisa has announced the first close for its second generation fund, the Phatisa Food Fund 2 (PFF 2), at $121.5 million. Phatisa, a sector-focused African private equity firm with the mission of feeding and housing the continent, announced in March of 2017 that it is targeting US$300 million for Phatisa Food Fund II (PFF)– a […]
Edinburgh-based private equity firm Inverleith announced it has held the final close on Inverleith Limited Partnership, the firm’s first fund, at its hard cap of EUR60 million (US$70.5 million). Inverleith was founded by former Chairman and Chief Executive of Noble Group, Ben Thomson, and former president and managing director of The Glenmorangie Company and partner […]
Alden, Iowa-based Summit Agriculture Group has launched the $300 million Summit Ag Opportunities I Fund with the goal of making investments in the ag value chain in the U.S. Midwest. Over a three-year period beginning in mid-2018, Summit expects to see this fund acquire controlling interest equity positions in between five and eight mid-sized agricultural […]
Tokyo-based Leapfrog Ventures has launched a $4.5 million fund focusing on investments in startups across sub-Saharan Africa, centered on the countries of Rwanda, Uganda, Kenya, and Tanzania. Launched by Takuma Terakubo in partnership with Samurai Incubate, the company where he formerly worked, the fund will be stationed at the well-known co-working space, kLab in Kigali, […]
Danish venture capital firm 3B Ventures announced the launch of the Frontier Fund II – a $60 million impact investment fund focusing on investments in agriculture, water, energy, health, and education across Southeast Asia, the U.S., and Europe. Frontier Fund II follows 3B Venture’s Frontier Fund I, which raised $500,000 from independent and high net-worth […]
Belgian investment manager Incofin has launched the India Progress Fund – an $80 million fund dedicated to investments in India’s food and agriculture sectors. The vehicle is the first country-specific fund for Incofin, which historically earmarked allocations of between 15 and 20 percent from its previous funds for investments in India. The fund is […]
Australian agricultural asset manager Growth Farms Australia (GFA) announced the launch of a new 10-year, A$140 million (US$103 million) fund designed to acquire farmland which will then be leased to primary producers. The new fund, called the Australian Agricultural Lease Fund, plans to target self-managed super funds, high-net wealth individual investors, and family offices for […]
Ilen River Partners announced it has launched the Irish Whiskey Growth Fund, Ireland’s first investment fund dedicated to the whiskey industry. With backing from the Ireland Strategic Investment Fund (ISIF), the fund has an initial corpus of €10 million (US$11.7m) and will offer financing and industry advice targeted toward the long-term need of distilleries and […]
