Binyamin Ali
The Compleat Food Group is on a mission to become the UK’s ‘number one chilled prepared food company.’
Agri-food and forestry funds rallied in H2 as significant closes at Paine Schwartz, Proterra and Brynwood Partners propelled capital raising.
The firm’s Fund II received a €20m commitment from the European Investment Fund.
Annual fundraising for 2023 has slotted into the 8.2bn five-year average as 2022 emerges as the market’s major slump-year since 2018.
The firm raised $945m across its secondaries and carbon strategies in 2023.
The non-profit asset manager was launched by three partners to invest exclusively in the US state of Maine.
Data from sales and lettings agency Knight Frank shows farmland in England Wales was valued at more £9,000 per acre for the first time in Q4 2023.
The pension is the latest to warm to forestry, after the ACCESS Pool signaled its intent to deploy £300m into the asset class earlier this month.
The Hong Kong-based firm has a food and ag portfolio that includes poultry businesses, ready-to-go food providers and a fast food chain.
TPG’s Rise Fund III and Goldman Sachs Asset Management’s Climate Solutions Fund are two of the many climate vehicles closed in 2023 that have an allocation to food and natural assets.