Private Equity

Managing director Pier Luigi Rossi says his firm is working to consolidate in an Italian market many investors find ‘interesting but scary’ as it seeks $200m for Fund II.

Managing partner Rich Gammill says 'rural America is booming' as the firm's $200m Rural Growth Fund makes equity investments in the opportunity pipeline established by its credit strategy.

CDPQ, Encore and Forward Consumer Partners are among the firms buying and selling purveyors of baked goods.

Consultancy Bain & Company found the sector was among a select quartet to register growth in 2023 by passing on price increases to consumers as input costs rose.

Managing partner Mark Burgett says E2P's food manufacturing strategy has been aided by the trend among large consumer packaged goods companies to outsource their manufacturing needs.

QIC has backed Pollination’s new venture capital fund, which is aiming for a final close in 2025.

More corporatization is occurring as the younger generation sells off family assets to investors who may be better placed to deal with the industry’s growing challenges.

CEO Ejnar Knudsen says Devil Mountain Wholesale Nursery is the third recent divestment of a Fund II business, reflecting an active stance among strategic investors.

The firm has followed up its inaugural $423m fund with a successor that will continue its food and consumer strategy.

At PEI’s annual Women in Private Markets Summit in New York, LPs discussed the power dynamic with GPs and what they expect from managers they work with.