Private Equity

The investment seeks to capitalize on what the company sees as an 'inflection point' in both commercial and personal use of hydroponic equipment.

The New York-headquartered agribusiness specialists are seeking between $300m and $400m for a vehicle targeting earlier-stage growth equity investments across agribusiness sectors.

Inputs are likely to be the focus of agricultural investments from the Denver-based firm’s new vehicle.

Agro Merchants Group says the deal underscores the importance of Poland and Eastern Europe as key markets poised for expansion.

The Eastern Europe-focused investor has exited Covalact after the deal with French dairy group Lactalis was approved by Romania's competition council.

The transaction marks the first exit for the firm’s Agri-Vie Fund I, which invested $4 million in the South African company in 2009.

Equity Group Investments has acquired a stake in ILTA Grain, a Canadian processor and exporter of pulse crops backed by Tillridge Global Agribusiness Partners.

The listed Australian alternatives manager has raised around A$180m for the fund, which will target water entitlements, irrigated farmland and integrated supply chain infrastructure.

The vehicle will target net returns of 15% over its 12-year life with agriculture to account for up to 20% of investments.

ADM Capital head of agriculture Jason Silm told delegates at our recent Australia Forum that US and Nordic pensions are leaving the super industry behind.