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The Barcelona firm has bought a 25% equity share in the company, to be bolstered by co-investments from European institutional investors.
The public-private fund will see Duet open an office in Nigeria, as it provides credit and equity for six food and beverage companies.
The US-based firm continues to see opportunity in Asia’s rising middle class and its growing demand for safer, healthier food, co-founder Henry Kravis said.
The private equity firm plans to continue Camil Alimentos' acquisition growth trajectory in Latin America.
The RBIC has invested $3.7 million in organic quinoa-based baby food and toddler snacks company NurturMe.
Agricola Pampa Baja is a dairy and fresh produce company expanding into Peru's challenging northern climate.
The firm raised $765 for its Arbor Investments Fund IV in 90 days, as well as closing its first debt fund.
The credit line will go towards modernising farming practices to meet EU standards and improving market access for producers.
VGI Partners, which manages investments for family offices, high net worths and endowments, said it wanted to use the bid to force change at Brisbane Markets.
The investment in Phoon Huat comes a year after SCPE ploughed $52m into restaurant chain Crystal Jade Group Holdings.