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New York-based Arlon Group and its subsidiaries focus primarily on investments in the food and agriculture industries.
The development finance institution has launched a private equity fund with the Indian bank to invest in the region’s SME sector.
The US firm has made its first investment in Australia, backing Victoria-based fruit and vegetables producer The Costa Group.
AXA has committed €50m to the Carlyle spin-out’s fund – nearing an expected €180m final close – and will also co-invest the remaining €120m of its CEE fund with Resource Partners.