Private Equity

The biological inputs pioneer has been sold for parts after failing to raise further capital, but it was still considered an important strategic acquirer as recently as September 2021.

The deal is part of a wave of LP secondaries that are being driven by fund investors' desire to get proceeds from older funds.

Managing partner Matt Leeds says he has ‘dreamt for years that Firehook would be Forward’s first investment’ as the firm begins deploying its $425m vehicle.

Aqua Capital partner Gustavo Eiben says an active pipeline and the €532m Biotrop exit were key to helping the firm to surpass its $400m target for its Fund III.

Paine Schwartz Partners adds another five wins to its haul from the Global category to walk away with an unprecedented 10 wins.

Cobalt previously operated as Green Plains Cattle Company, a JV between AGR, StepStone and Nasdaq-listed ethanol producer Green Plains.

Los Angeles-headquartered Agrovision describes assets in a region of Peru transformed by a recent irrigation project as the flagship within a network providing year-round access to premium berries.

The Sao Paulo-headquartered firm has already deployed more than 50% of the vehicle.

The plant-based protein business said it achieved profitability and a 500% growth rate between 2020 and 2023.

The firm has entered into a JV with South Yorkshire Pension Authority, which has curated the 21,000-acre asset over the last 40 years.