Rebecca Akrofie
The Chinese private equity firm has acquired a 20% stake in China’s Chery Heavy Industry.
Increasing numbers of fund management firms are popping up in the Central and Eastern European region, drawn by the cheap land on offer, according to an investment consultant at Towers Watson.
The US-focused farmland investment firm is beefing up its acquisition team after hiring Brett MacNeil as director of acquisitions. It is also looking for an investment analyst.
Data compiled by i3, part of the Cleantech Group, reveals corporate and venture capital investment in the agtech sector reached its highest level for fours years.
The US pension fund has increased its agri exposure, investing $30 million in New Zealand-based Southern Pastures.
Sunbird Bioenergy Africa will operate a cassava-based biofuels project financed by two partners providing equity and debt financing.
Český fond půdy, an open-ended Czech farmland investment fund, received commitments from mutual funds, high net worth individuals and a pension fund. It is targeting €10m a year.
Thirty-three percent of Agri Investor pollsters voted that family offices were showing the greatest appetite for the asset class, while 31 percent pointed to institutional investor demand.
The UK venture capital firm led a A$6 million Series C investment round into Agworld, an Australian agdata software company. Agworld is now focusing on entering the US market.
Private capital will play an integral role in the EU's agri-related, multi-sector development programme for Africa.