Alex Lynn
Mekong Earth and Forest Fund will target companies that help mitigate climate change through the regeneration of forests and soil in the lower Mekong region.
The initiative has 46 founding signatories, including Blackstone, The Carlyle Group and Teacher Retirement System of Texas.
Impact-focused 8F Asset Management is expected to launch two PE funds that will be used to develop salmon farming businesses in China and Brunei, Agri Investor understands.
Head of South Asia Srini Nagarajan says food and agri investments in the region have been ‘ignored substantially’ by private equity.
A 16-strong team will continue raising CEECAT Recovery Fund II after completing a management buyout.