Private Equity

The Indian food and agribusiness private equity fund is close to a first close on $100m; it is currently on $80m with commitments from a range of DFIs and Rabobank.

The private equity firm will invest at least $100m in Sundrop Farms from its $6bn Asia Fund II.

Conversations in London this week centred on a potential shift in institutional demand and the surprise upwards tick in commodities futures.

The development finance institution has loaned €30m to Nectar.

The Asia-based asset management firm has raised two agri funds for private capital to co-invest alongside institutional clients.

Allylix has been acquired by Evolva, a Swiss ingredients company, for $59m. Global agribusiness Cargill backed the deal by buying a further $4m of Evolva shares.

The Asia Pacific-focused private equity firm has exited the Australian meat processor it acquired in 2011.

Strategic investors are set to play an increasing role in agri investment globally and asset management firms should be open to aligning with them.

The growth market PE firm increased its bid for BiscoMisr, which is listed in Cairo, after Kelloggs beat its initial offer.

The US venture capital firm, which has made two agtech investments this year, is raising its fifth vehicle.