Diversified, global cannabis company, Forma Holdings announced the launch of a new cannabis-focused investment vehicle, Anthos Ventures. The fund will account for one third of Forma Holding’s three-division holding company, with the other two divisions being Retail and Cultivation, which will be responsible for the acquisition and operation of medical cannabis assets along the value […]
New Zealand-based Oriens Capital has raised $30 million for its first regional fund prior to its first scheduled close on September 1. The fund, which is based out of the Bay of Plenty, has a target corpus of $60 million and will focus on investing in uniquely New Zealand-based privately owned businesses valued between $10 […]
Gratitude Railroad, a New York-based socially conscious investment group that invests in for-profit mission-driven businesses, will launch the Gratitude Farmland Fund (GFF). The $40 million regenerative agriculture fund will focus on acquiring farmland that is undervalued compared to its production potential. Initial capital commitments are planned for the southeastern U.S. where the firm sees the right dynamics […]
International Finance Corporation (IFC), the investment arm of the World Bank, is committing $30 million to Hosen Capital’s third investment fund, Hosen Investment Fund III. The investment will not exceed 20% of the fund, which has a target corpus of $400 million and will focus on investments in mainly rural businesses in the agriculture and […]
Old Mutual Investment Group (OMIG) is partnering with the Nigerian Sovereign Investment Authority (NSIA), Nigeria’s sovereign wealth fund, to invest $200 million in an agricultural investment fund. This announcement comes soon after OMIG raised its equity stake to 49% in UFF African Agri Investments, a leading agriculture investment group focused in Africa. With this increased […]
The African Development Bank (AfDB) has invested $9 million, or 12% of its capitalization in the Fund for Agricultural Finance in Nigeria (FAFIN). Sponsored by the German KfW Development Bank and the Government of Nigeria, and managed by Mauritius-based Sahel Capital Limited, FAFIN is a first generation private equity fund developed to provide financing, capacity […]
Powerplant Ventures, a new private equity firm dedicated to backing emerging plant-based food and beverage companies, announced it has closed a $42 million fund. The firm was founded in 2015 in Los Angeles by a partnership of investors in the plant-based food, CPG, and restaurant sectors. Founders include Mark Rampolla, the founder of ZICO Coconut […]
Spun-off from Deutsche Bank in 2009, Duxton Capital, headed by chief executive, Ed Peter and Stephen Duerden, has $870 million in agricultural investments under management. However, the group’s latest fund launch will deviate from its traditional approach to agricultural investment. Duxton is seeking to raise $99 million by the end of August for a new water […]
Mauritius-based private equity firm, Mandala Capital, has made its first close of $140 million on its second fund created to invest exclusively in India-based agricultural and food companies. The firm currently has a fundraising target of $250 million for its second India-based ag-focused fund. “We are targeting $250 million of final close by December 2016,” […]
Seed Engine, WDB Investment Holdings (WDBIH) and Grovest have announced the launch of the WDB Seed Fund, an early stage, impact investment fund dedicated to fostering economic growth in South Africa. Investors can select to invest in agriculture, agri-processing, logistics, ICT, education, retail or manufacturing, with three classes of shares available: enterprise development, supplier development, […]
