Private Equity

Eric Jackson, chief executive at AMERRA-linked Pipeline Foods, tells Agri Investor that he expects to bring in at least one direct institutional investor by the end of next year.

Founded last year, the Washington state-headquartered firm will pursue a strategy calling for hold periods of 15 years or more.

We caught up with chief executive Kevin Schwartz on performance, platforms and LP thinking as the US firm endeavors to deploy the second half of its $893m fourth fund.

The Detroit-based lower mid-market firm plans to combine Aquamar and LM Foods into a single platform focused on providing imitation crab meat to North American food service, food manufacturing and retail channels.

The PSP Investments portfolio company is facing criticism from environmental groups after an equipment failure at a Washington State facility containing 305,000 Atlantic salmon, resulted in many of the fish escaping into Pacific waters.

Backed by the US firm’s $70m Brazil Renewables Fund, the $115m project is the first of ‘multiple plants’ Summit intends to build within the next two years.

The consumer-focused firm has divested Back to Nature for $162.5m, ending a partnership formed with Mondelez International in 2012.

The Equilibrium Capital affiliate is currently seeking $400m in support of a strategy focused on blueberries, citrus and hazelnuts.

With assets in the trillions, a healthy penchant for private equity and autonomy over their investment strategy, family offices have a lot to offer fund managers.

As public pensions are increasingly required to report on private fund fees, there is 'a risk that the resulting data will not be comparable.’