Emerging Markets

The Savola Group-backed sugar refinery company will use the equity investment to remain competitive against state-owned companies.

Investors are increasingly looking for forestry opportunities beyond developed markets. We ask TIAA's Biff Ourso why, and what new risks this poses.

The investment comes on the heels of reports that Aqua Capital has launched a second fund targeting $300 million.

Timberland funds attracted $600 million less by volume than in 2014, and agri investments attracted $3.9 billion in 2014 and 2015, according to the natural resources investment survey.

Bessemer Venture Partners, Helion Advisors, Zodius Capital and Ascent Capital joined Abraaj in the funding round for fresh food online supermarket BigBasket.

Aquila Capital will hold a close on its forestry fund, Aquila Sachwert Basisfonds I, in the middle of the year, and is looking at satellite investments in Latin American countries like Uruguay.

The company hopes to expand use of its precision agri platform from 140,000 to 1m acres in 2016.

The company plans to produce biofuel from sweet sorghum, which is less subject to market volatility than corn or sugar.

The EBRD and FAO are working to highlight the growth opportunities in Georgia's investment-starved dairy sector.

Norway's Government Pension Fund Global pulled out of seven companies last year on environmental grounds.