Private equity firm Paine & Partners, which focuses on global food and agribusiness, announced the final close of Paine & Partners Capital Fund IV on December 18, 2014 with $893 million in capital commitments. The first close occurred on July 8, 2014, and by its final close the fund was oversubscribed and exceeding its initial target after its investor base had been expanded to include new regions such as the Middle East. Over the last decade Paine & Partners, along with a predecessor firm, has deployed more than $1 billion in capital, and will continue to focus on both the upstream and downstream sectors of the ag value chain with the closing of Fund IV, which is the largest private equity fund dedicated to food and agribusiness. To read more:
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