Staff Writer
The value of private equity transactions in India’s agricultural sector is up 75 percent in the first half, though Indian companies have some of the highest valuations in Asia.
Timber and farmland investments are better able to withstand downturns and are stronger performers than traditional real estate. We investigate the reasons why more investors aren’t committing capital to these asset classes.
Northwest FCS, a lender to agribusinesses, provided $115m in debt.
The Singapore-based firm is targeting $150m for its fourth fund that will focus on investments in the agricultural and healthcare sectors in China.
The frontier market firm has acquired a stake in Engage Resources to expand the business into Cambodia.
The firm led a funding round of a Chinese water business. Clean tech opportunities are available in China despite sub-sectors with disappointing returns, CLSA MD Peter Kennedy says.
CMIA and China Merchants have completed a $23 million take-private of a Singapore-listed Chinese agriculture company.
The development finance institution has launched a private equity fund with the Indian bank to invest in the region’s SME sector.
The $11bn retirement system has also added a 5 percent real assets category that will include investments in agriculture, timber, mining, rare earth, metals and commodities.
The Singaporean sovereign wealth fund has taken a 20% direct stake in Godrej Agrovet, its second investment in the Godrej Group this year.