The new commitment by the Washington State Investment Board was approved at an April board meeting and takes its total commitment to agri to $650 million.
The UK-based firm is set to launch a $250m private equity fund investing into coconuts and neem in Brazil and is targeting family offices and high net worth individuals for the first close.
The European Bank for Reconstruction and Development invested €871m into the agribusiness sector in 2013, including €60m in commitments to the southern and eastern Mediterranean region.
The US buy-and-lease investment manager has bought a 318 acre farm in South Minnesota and hired an investment analyst, taking the permanent team up to four.
The land will be managed by the same team that handles similar land in the same part of Victoria, Australia for AgCAP, investment manager of the Sustainable Agriculture Fund.
Attracting investment into Africa is not straightforward and there is no clear solution. But appealing to DFIs is a good place to start; the institutions will follow eventually.
Khosla partner Andrew Chung explains the firm's approach to investing in agriculture and food technology companies and how it fits with the firm's overall objectives.