Private Equity

Legal cannabis is a $1bn market in Las Vegas alone and is a less risky investment than the internet in the 1990s, Leslie Bocskor, managing partner at Electrum Partners tells Agri Investor.

RDIF and RCIF will be responsible for creating the cereal-focused fund and seeking capital from international investors. An experimental free trade zone in Heilongjiang province, China's biggest grain producing region, was also agreed.

Private equity investors in Africa should look at improving farming infrastructure.

Rural America Fund II has made its first investment in Aquatrols Corporation of America, which produces a compound to optimise soil-water-plant interactions. RAF II is still fundraising for a $75m target.

PensionDanmark's CEO expressed interest in the fund that will attract commitments from the private sector alongside a Kr500m ($75m; €67m) injection from the government.

The Brazilian food and agribusiness private equity firm has acquired Dimicron to merge with existing portfolio company Aminoagro, creating one of Brazil's largest fertiliser platforms.

The South African food and agribusiness private equity fund is targeting $175m overall and expects some repeat investors from its first $100m fund.

Sohan Lal Commodity Management is looking to raise fresh capital from investors to fund expansion into new countries and growth of its NBFC.

Enviva Partners to issue 10 million units priced between $19 and $21 each in its initial public offering.

The World Bank Group lender will lend up to €90m to the rose farm to help support a 50% hike in staff numbers and an expansion of the business in a deal that "complements" KKR's $200m equity investment last year.