Lion Global Investors, OCBC Bank Build $393 Million Alternative PE Fund
Singapore-based Lion Global Investors and OCBC Bank have launched the Lion-OCBC Capital Asia Fund I - a new private equity fund created to invest in small and medium sized companies in the agriculture, commodities, and consumer industries in Singapore, Malaysia, Indonesia, and China. The fund, which was created to serve high net w
Read moreBenson Hill Biosystems Raises $7.3 Million in Series A
Bioagtech company, Benson Hill Biosystems, has announced it has raised $7.3 million in a Series A round of financing led by Middleland Capital, and including Mercury Fund, Prelude Ventures, Prolog Ventures, Alexandria Venture Investment, Cultivation Capital, TechAccel, and existing investors, Missouri Technology Corporation and Biogenerator.
Read moreMonsanto Drops $46 Billion Syngenta Bid to Focus on Core Business
Global seed giant, Monsanto has dropped the $46 billion bid that it announced earlier this year to take over its rival, Syngenta, in order to focus on its core business. The announcement has quieted widespread resistance throughout multiple industries to the deal that would have created a single global leader in both seeds and cr
Read moreFirst State Super Acquires Select Harvest Almond Groves for $150 Million
Australia’s $53 billion First State Super fund has made its maiden investment in Australian agriculture, acquiring almond orchards that span three states from listed agriculture company, Select Harvests, for $150 million. The investment comes after increasing disquiet led by Agriculture Minister, Barnaby Joyce, over the lack of
Read moreCyber Crime in the Agricultural Sector
By Garrett Baldwin The threat of cybercrime in farming is expected to continue to rise in the coming year. In this two-part series, Global AgInvesting sat down with Dr. Timothy Summers, one of the leading experts on hackers, who is responsible for developing the field of hacker cognitive psychology. This article outlines the
Read moreAmatheon Agri Zambia Invests US$20 Million in Agri Operations
As part of its expansion strategy, German agribusiness and food group, Amatheon Agri Zambia, is investing US$20 million into the construction of two dams to ensure a water supply for the irrigation of its crops, and for the stocking of fish. The first dam site, called ‘Katonga’, is a 2,700-hectare, US$10 million joint venture
Read moreHomestead Capital’s Managing Partners Explain Fund’s Farmland Focus
By Dan Emerson Recently, California and Iowa-based Homestead Capital announced the final closing of its inaugural farmland investment fund, Homestead Capital USA Farmland Fund I, at $173 million. Homestead Capital USA LLC is a private equity firm focused on investing in operating farmland throughout the Mountain West, Delta, Midwe
Read moreChallenger’s Fidante Partners Expands In Ag Investments With Dexion Capital Acquisition
Fidante Partners, the multi-boutique arm of Sydney, Australia-based Challenger Ltd., has announced the 100% acquisition of London-based alternative investment group, Dexion Capital Holdings Ltd for £19.6 million (US$30.6 million). The deal will increase Fidante’s presence in European alternative investments, its portfolio, and
Read moreBrief: Nomad Foods Completes Private Placement, Raises $320 Million
Nomad Foods has raised $320 million before expenses from a completed private placement of a total of 15,445,346 new ordinary shares. The shares sold represent about 9.99% of Nomad’s issued ordinary share capital. Established in 2014 with the purpose of carrying out acquisitions, Nomad acquired Iglo Food Holdings for approximatel
Read moreGermany’s KTG Plans Major Expansion of Food and Grain Sales to China
Germany’s leading farming company, and one of the few listed farming operations in Europe, KTG Agrar, announced that it is planning a major expansion of grain and food sales to China after a unit of China’s Fosun International acquired a stake in the group. KTG cultivates 45,000 hectares of GMO-free grains, rapeseed, soybeans,
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