Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
Initially targeting a $1bn China agribusiness fund, ex-chairman of Warburg Pincus Asia-Pacific Chang Sun is turning his efforts into boosting China’s rice and potato outputs and professionalising its agriculture sector.
The firm began marketing its SEAF India Agribusiness International Fund II in September targeting $150m. The fund will invest $20m to $25m in small and medium enterprises, including food supply and other agribusinesses in India.