Private Equity

The agri-focused investment firm has already contracted A$38m in water entitlements for an ASX-listed company.

The manager made 3x on its investment in Tyrrells potato and vegetable snacks, which it sold to the owner of SkinnyPop popcorn.

The firm is seeking to raise funds from institutional investors for the first time, after raising its first two funds from family offices.

The firm is thought to be targeting $300m for Silverlands Fund II, following the first Silverlands fund which focused on assets that would act as "hubs" in central Africa.

Since forming Blue Harvest in 2015, Bregal Partners has pursued a vertical integration strategy through strategic acquisitions.

The Mauritius-based firm has already made three investments in India from the food and agri fund.

The firm is targeting €200m to acquire majority and minority stakes in expanding Italian food businesses.

KKR India director of capital markets Tashwinder Singh tells Agri Investor how his firm used local financing pools, including its non-banking financial company KKR India Financial Services, to invest in a structured deal in value-added dairy company Kwality.

The Barcelona firm has bought a 25% equity share in the company, to be bolstered by co-investments from European institutional investors.

The firm's investment into Indian dairy shows a strong belief in its potential, but with the need to build procurement infrastructure, it's not a deal just anyone can do.