Richard Woodling has joined the Hong Kong-based PE firm to develop water sector investments months after the firm acquired India’s Luminous Water Technologies.
The firm has made its third investment this year by buying the landscaping division of John Deere.
The pan-Asia firm has bought into mainland milk producer Sunlon, sensing opportunity in China’s drive to modernise its agriculture industry.
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 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.
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.
CMIA and China Merchants have completed a $23 million take-private of a Singapore-listed Chinese agriculture company.