The subsidiary of Deutsche Börse became custodian of a stake in a 2013 agri fund as part of its acquisition of Citco's hedge fund custody processing business.
The emerging markets' middle classes are beginning to shape agri demand in unexpected ways, said Marc Sadler of the World Bank at this week's Agri Investor Forum in Chicago.
Agri as an asset class is still little understood, according to delegates at this week's Agri Investor Forum in Chicago.
Louis Dreyfus Group, one of the world's largest agricultural commodity traders, has teamed up with emerging markets firm Bamboo Finance to launch the fund.
The acquisition is the second investment by the firm's $893 million Fund IV.
An unnamed Chinese-Israeli investor group is expected to add to the $4m Agrinnovation close.
The fund is majority-owned by Oman's largest sovereign wealth fund, the latest in a line of agri deals struck by SWFs.
The fund will back infrastructure and agricultural projects, and could double Australia's agricultural output.
The start-up is using AI, data science and DNA sequencing to create food ingredients with health benefits.
The largely family office-backed firm is building a portfolio across the value chain.
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