
Chris Janiec
The Swiss firm's impact investment arm has committed an undisclosed amount of capital to Shared-X, which works with smallholders in emerging markets.
The Colombia-registered company aims to raise $180 million over the next five years, on top of the $35 million it is targeting this year.
Townsend Group has been the investor's advisor since 2011.
The fund has brought on its second institutional investor after MainPERS confirmed an investment in the fund in September.