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responsAbility backs developing world organics

Head of agriculture equity Rik Vyverman says Suminter’s customer base among Western food and clothing providers reduces foreign exchange risk and helps the investment meet the firm’s financial return target.

Phatisa reaches $121m first close on second fund

Founding partner Stuart Bradley says the private equity firm has deliberately aimed to increase the participation of private investors in its second vehicle, which already counts OPIC and the AfDB among its LPs.

DPI splashes $100m on Moroccan irrigation business

Partner Sofiane Lahmar says the Africa-focused PE firm, which has nearly fully deployed its $725m Fund II, will look to increase its exposure to agriculture.

What role for the private sector in South Africa’s land reform?

While critics focus on the government's efforts to initiate expropriations without compensation, an insider says landowners are already starting to experiment with new ownership models.

Frontier-market sustainable forestry fund reaches $60m close

The fund will target 12% annual returns as the profile of developing-world timber rises among impact investors, says Arbaro Advisors MD Marco Kaiser.

AFGRI taps PIC and Fairfax equity in bid to create pan-African ag group

Chief executive Chris Venter tells Agri Investor the company, which financial backers took private four years ago, could seek to co-invest with institutions to seal strategic acquisitions.

Engulfing agri

At a time when most Middle Eastern sovereigns are already hungry for farmland deals, geopolitical tensions are pushing Qatar’s state-backed fund into an even greater acquisitive mode. Should other investors fear the competition?

GEF spin-out hits $80m first close on Africa timber fund

Criterion Africa Partners, a Maryland headquartered firm comprised of the team formerly behind Global Environmental Fund’s Africa Sustainable Forestry program, is targeting $150m for the team’s second vehicle.

African Development Bank backs PE fund with $15m commitment

The investment in Zebu Investment Partners’ Africa Food Security Fund comes soon after publication of a UN report highlighting agriculture as a key sector in efforts to manage migration flows on the continent.

responsAbility ag-debt fund secures anchor investment

The development-focused asset manager has clinched a pledge from Kempen Capital for its new fund, which targets up to $300m over the next three years to support ag lending in the developing world.

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