The Nigerian government made two commitments to the fund that is targeting $100m to provide agribusinesses in the country with growth capital.
Danica Pension is the latest LP to join the platform, preferring direct investment to committing to a fund.
A $5m investment into a Kenyan flower exporter represents one of the $100m Fund I's final deals, as the firm readies a first close for Fund II.
The fund attracted commitments from ‘less than five’ institutions, some of which were investing in the asset class for the first time.
The firm has made its third investment this year by buying the landscaping division of John Deere.
Latin America-focused Aqua Capital will invest in mid-market agribusiness and food companies in Brazil, Chile, Uruguay and other South American countries.
New York-based Arlon Group and its subsidiaries focus primarily on investments in the food and agriculture industries.
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 firm, which has closed its tenth fund on $3.58bn, has a small allocation to explore opportunities in water resources and agriculture that tie back into its core strategies.
UCG Investments has announced the first close of its latest private equity fund after a six-week fundraising period. The fund will target infrastructure and energy as well as agriculture, forestry and real estate – mainly in Uruguay, Peru and Colombia.