Private Equity

Management consultants’ analysis explains why public markets rarely provide attractive exits for land and agriculture investments.

The Agribusiness Latin America II Fund has raised $349.05m and is understood to target annual returns of more than 20 percent by focusing on mid-market food and agribusinesses across Latin America.

Cordillera Investment Fund I's agri focus will be on the development or acquisition of permanent crops but the firm will also consider agri opportunities relating to food production, processing, and livestock.

Rabobank projects animal protein demand growth will be strongest for beef and says future investments by domestic animal protein firms will concentrate on technology transfer.

A Bain & Co report attributes a rise in deal multiples to fierce competition and a limited supply of high-quality targets.

RFID provides a means to track the supply of meat, from calf to consumer, in one computerized database, and it has gained popularity among investors amid growing concerns regarding traceability.

Phillip Cummins, QIC’s global private equity principal, explains how the Australian investment manager is rethinking agribusiness, how it mitigates weather and commodity risk and why it would consider investing in water.

Greg Hennenfent has joined the farmland investing firm to help pursue private equity investments across the agribusiness value chain after stints with Starr Investment Holdings, Agricole and the CME Group.

Marcello Tumedei, chief executive officer with Suba, said the partnership will merge Gallatin’s “innovative research and development initiatives in peas and beans with Suba’s European large seed vegetable production platform.

The PE community has been closely monitoring major consolidation among large agri groups, including additional pending mergers between DuPont and Dow Chemical, and ChemChina and Syngenta.