Private Equity

The pension fund has made its integrated agri, timber, real estate, infrastructure and energy asset management business official.

The investment comes on the heels of reports that Aqua Capital has launched a second fund targeting $300 million.

Forty research and marketing groups will collect and share information on Cuban agri markets.

Bessemer Venture Partners, Helion Advisors, Zodius Capital and Ascent Capital joined Abraaj in the funding round for fresh food online supermarket BigBasket.

The firm is likely to make three investments in 2016 from its $893m fourth fund.

On 23 June, the British public goes to the polls to vote on the country’s membership of the European Union, but the private equity industry has already voiced its opinion.

China Resources Ng Fung has also developed an agent and distribution business for imported foods in China, and will work with New Zealand company Scales to improve its position as an exporter tin the country.

Agri-Vie's management team will form EXEO Capital, develop new investment products and have a wider remit to invest Fund II.

The firm has also opened an office in Boston, which it says makes its fund the first independent food and agriculture fund with a presence in both Europe and America and the largest in Europe.

Timber is a deflation hedge, not an inflation hedge, researcher Chip Dillon said at the RISI timber conference.