Private Equity

Vehicles backed by GCC countries and Singapore have been the main drivers of a doubling of SWF participation in food and ag deals over the past five years, says IE University’s Javier Capapé.

The New York-headquartered firm has secured at least two commitments for a follow-up to the $1.45bn Fund V, to focus on an agribusiness sector it says has outpaced all others since 2006.

The private equity industry must decide how its long-established fiduciary duty fits with a crisis like this.

Despite the inherent risks global investors face when trying to tap into Asia’s agri-food sector, it’s unlikely they’ll be able to avoid the continent during the next decade.

The firm, which is gearing up to launch its three largest funds, expects AUM to ‘compound significantly’ on the back of increased distribution efforts and more mature track records.

The document paints a picture of deceit, bribery and personal enrichment at the collapsed emerging markets firm.

Describing the firm’s recent Agtech Investment Review, Finistere Ventures' Arama Kukutai tells Agri Investor he expects private equity investors to acquire leading start-ups and pursue roll-ups as the market continues to develop.

The manager is currently raising its Food Fund 2, which held a first close on $125m and is targeting a final close on $300m by the middle of next year.

Is the internal rate of return the most appropriate way of presenting investment performance?

The two PE firms will own an equal share in Hearthside, a portfolio company of Goldman Sachs and Vestar.