The private equity arm of Citigroup has made an all-equity minority investment in the livestock pharmaceuticals producer.
The New-York based investment firm is aiming to raise $1bn from institutions, endowments and family offices for investments in Brazil, Uruguay and Australia.
Asset management firm Franklin Templeton’s real estate arm has established a newly dedicated business team to analyse, select and invest in real asset fund opportunities including energy, water, agriculture and timber.
The global private equity firm will acquire a minority stake in CP Pokphand from Thai agribusiness conglomerate Charoen Pokphand Group.
The so-called ‘real asset’ class is attracting increasing attention from LPs for its inflation-hedging capabilities. That has prompted one real estate fund of funds manager to also enter the space.
AXA has committed €50m to the Carlyle spin-out’s fund – nearing an expected €180m final close – and will also co-invest the remaining €120m of its CEE fund with Resource Partners.
Earth Capital Partners has launched its Forestry Fund I targeting 12% IRRs through the acquisition of established plantations and agricultural land ripe for planting in Brazil and other Latin America countries.
Pan-Asian private equity firm CLSA Capital Partners is targeting a final close for its Clean Resources Asia Growth Fund by the fourth quarter of 2010.
Boston-based Summit Partners has invested $30m in an Indian seed company in what is its maiden Asian investment.