The food and agribusiness private equity firm attracted investment from the Middle East for the first time and exceeded its $800m target.
A recent report from government bureau ABARES indicates a 29% increase in average dairy farm cash incomes.
MycoTechnology is raising $5m to $10m to develop its technology platform aimed at enhancing food flavours naturally and improving nutritional value. Major food companies are also considering making bids to acquire the company outright.
The FAO’s director-general has met with Dilma Rousseff, the new president of Brazil, and the new government.
Aqua Capital, the Brazilian agribusiness private equity firm, has created the largest cold storage group in Brazil by merging portfolio company Comfrio Soluções Logísticas with Stock Tech Logística.
In June Agri Investor attended Equilibrium Capital's annual forum in California and heard a variety of speakers including TIAA-CREF's John Goodreds who spoke about misplaced fears of a land price bubble in the US. Read his comments below.
In July we spoke to Marcus Elgin, executive chairman of AAG Investment Management, the Australian agribusiness consultancy and asset management firm. Elgin talked to us about the a disconnect between fund managers' return projections and what can actually be achieved in agri investment.
In the wake of EU approval of the Juncker Investment Plan last week, Copa-Cogeca has written to the EU Commission president calling for the infrastructure scheme to include investment into the agri sector.
Private equity firms were more present in packaged food, meats and agricultural products deals than corporates over the past three years.
Hampton Creek has raised $90m in a round led by Li Ka-shing's Horizon Ventures and Silicon Valley VC firm Khosla Ventures.