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University of Michigan to Invest $30M in AMERRA Agri Fund III

The University of Michigan is planning to invest a total $126 million across four funds that it describes as having “niche strategies and ability to add value,” reports Bloomberg. Of the $126 million, the university has allocated $30 million to invest in AMERRA’s Agri Fund III, a private equity fund with a focus on agricultural investments […]

Delfi Ltd, Orion Confectionery Create Indonesian JV

South Korea-based Orion Confectionery and Singapore-based Delfi Limited, formerly known as Petra Foods, have partnered to create Delfi-Orion, a joint venture based in Indonesia that is expected to corner 50% of the country’s US$4.28 billion chocolate market, reports Business Korea. Delfi is Indonesia’s largest confectionery company, while Orion is one of South Korea’s largest snack […]

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