Prudential Agricultural Investments (PAI), the US-based agriculture debt and equity business of Prudential Mortgage Capital Company, has made two new hires, including to a newly-created chief investment officer position.
The China-focused PE firm is targeting S$150m and will pursue the same strategy as Fund I across four main sectors: agriculture, healthcare, services and consumer-related industries.
The New York-based global private equity firm has bought a stake in QC Corporation, the North American supplier of ferrous sulphate products.
Patrick Cheney, associate at Colvin & Co, discusses how the firm differentiates itself and talks through the firm's land valuation methods.
Mandala Capital is planning the final close of its 10-year Indian Agribusiness private equity fund in November this year.
Arcadia Biosciences, a California-based biotechnology company, will use the proceeds to accelerate product developments. Existing investors committed extra capital during the Series D round.
In 2013 some $7.2 billion of private capital was committed to African agriculture projects through Grow Africa, the partnership programme established by the World Economic Forum, NEPAD and the African Union to accelerate the transformation of African agriculture. This is twice the amount in 2012.
The US pension fund is targeting a 5 percent allocation to timberland over the next five to six years. It recently increased a mandate with Forest Investment Associates.
The US buy-and-lease investment manager has bought a 318 acre farm in South Minnesota and hired an investment analyst, taking the permanent team up to four.
The venture capital fund's investment represents the first institutional round of fundraising for AbCelex, which is working on a replacement to antibiotics for meat animals.