Agriculture Capital, the agriculture-focused investment arm of Equilibrium Capital Management, has closed its second fund – Agricultural Capital Management Fund II (ACM Fund II) – significantly oversubscribed at $548 million. The fund, which had an initial cap of $400 million, invests in permanent crop farming operations in the Western U.S. focused on citrus, hazelnut, blueberry, […]
Multi-stage food and agriculture-focused venture firm S2G Ventures announced a $180 million close on its second fund, and the addition of Aaron Rudberg to the team in the role of managing director and chief operating officer. Co-founded in 2015 by managing directors Victor E. Friedberg, who was himself a co-founder of the Launch accelerator, Sanjeev […]
DSG Consumer Partners (DSGCP) announced a final close of its second fund – DSGCP II, at $50 million- and the launch of DSGCP Tyeb – a new funding vehicle through which to invest in follow-on rounds for some of the best companies from the portfolio of the firm’s first fund. “This allows limited partners not […]
Chobani, maker of one of the leading yogurt brands in the U.S. and the fastest yogurt brand in Australia, has partnered with Monash University to launch a $3 million food incubator in Australia that will mirror its existing incubator in the U.S. Hamdi Ulukaya, CEO of Chobani, unveiled the program at Monash University’s newly launched […]
Washington State and California-based private equity firm Arable Capital Partners (Arable) announced the first and final closing of its maiden fund at $300 million. Headquartered in Bellevue, Washington, and Bakersfield, California, Arable was launched by a team of highly experienced industry veterans who are aiming to fill the funding gap that exists in the food […]
AreaOne Farms announced that its third fund – AreaOne Farms Fund III -saw a close at $130 million last month. In December 2016 AreaOne announced Fund III was soon to achieve a $100 million close, however, institutional investors seeking exposure to ag pushed the fund to close oversubscribed by 30 percent, and at four times […]
Fort Worth, Texas-based fintech company Harvest Returns has announced the launch of a new agriculture investment platform. Founded in 2016 by military veterans, Chris Rawley and Austin Maness, Harvest Returns has created the equity partnership platform to enable agricultural producers and landowners to access capital from investors while still being able to maintain control over […]
VMG Partners has closed their fourth fund – VMG Partners Fund IV – at $550 million, with another $150 million available through a flex-up vehicle. The capital will be allocated for investments in dynamic and emerging lower middle market CPG brands that post revenues between $5 million and $100 million. However, VMG takes a broad […]
TIAA Global Asset Management (TGAM) and California-based ag and food-focused private equity firm AGR Partners have filed with the Securities and Exchange Commission (SEC) in preparation for the launch of the $247 million TGAM Agribusiness Fund-B. Under the filing for the pooled private equity fund, TIAA-CREF Alternative Advisors and AGR Partners are listed as fund […]
Summit Agricultural Group is launching its third fund, Summit Ag Fund III with a funding target of $60 million, according to a filing with the Securities and Exchange Commission (SEC). Based in Iowa and founded in 1990 by agribusinessman Bruce Rastetter, Summit has build up a diverse portfolio of ag operations including row […]
