Jacob Robbins, the former managing director of global sweeteners at Coca Cola, plans to establish projects across Asia, Latin America and Sub-Saharan Africa, predominantly in bioenergy crops.
The diversified Latin American fund has $35m in soft commitments from family offices and is now being marketed to institutions as it works towards a $300m target.
Latin America-focused Aqua Capital will invest in mid-market agribusiness and food companies in Brazil, Chile, Uruguay and other South American countries.
UCG Investments has announced the first close of its latest private equity fund after a six-week fundraising period. The fund will target infrastructure and energy as well as agriculture, forestry and real estate – mainly in Uruguay, Peru and Colombia.
The Toronto-based asset manager attracted $330m for its first private investment fund focused exclusively on agricultural land. The Brookfield Brazil 'AgriLand' Fund aims to make money by buying up pasture lands in Brazil and converting them to crops.