Andrew Freeman has joined H.I.G. Middle Market’s San Francisco office to make investments in the food and agribusiness sectors from the firm’s $1.75bn fund.
Tag Archives | agribusiness
AgCap has hired CBRE to sell the fund’s assets following a unanimous decision by its foundation investors, which include AustralianSuper and AMP Capital, to exit the fund despite double-digit returns.
OPIC has committed up to $75 million to the fund manager’s second agricultural fund, which like its predecessor will target the food and FMCG value chain in sub-Saharan Africa.
The Agribusiness Latin America II Fund has raised $349.05m and is understood to target annual returns of more than 20 percent by focusing on mid-market food and agribusinesses across Latin America.
New sources of investment and structural change are needed to increase Australia’s market share, Agribusiness Australia says.
The new line of credit will finance LDC’s working capital needs in eight countries in Eastern Europe and North Africa.
The impact investing firm has purchased an $8m stake in agricultural logistics and financing provider Sohan Lal, with plans to help the Indian company expand its loans offerings to smallholder farmers.
The new loan will go towards irrigation, transport, research and technology with a view to increasing productivity.
Phillip Cummins, QIC’s global private equity principal, explains how the Australian investment manager is rethinking agribusiness, how it mitigates weather and commodity risk and why it would consider investing in water.
Greg Hennenfent has joined the farmland investing firm to help pursue private equity investments across the agribusiness value chain after stints with Starr Investment Holdings, Agricole and the CME Group.