Private Equity

The Illinois State Board of Investment is terminating its only investment mandate in the asset class with no plans to make new agri-related investments.

Report says irrigation systems, hybrid seeds and micro-loans can all help poor farmers.

Resource Management Services, the US-based institutional fund manager, will raise the capital across two funds; one targeting international markets and another targeting the US forestry market.

The investment bank will promote investment and joint ventures with overseas investors and strategic partners with the aim of expanding Uzbekistan's poultry sector.

Allflex Group, a livestock tracking and identification company, will acquire SCR, an Israeli firm, for $250m. Allflex is BC Partners’ only agri investment currently.

Animal health is an increasingly lucrative sub-sector of the agribusiness investment market.

The retail-focused forestry manager has harvested its first Christmas tree farm.

The US timberland firm has appointed Thomas Ringo as chief executive. The firm has three timber funds.

The Indian food and agribusiness private equity fund is close to a first close on $100m; it is currently on $80m with commitments from a range of DFIs and Rabobank.

The private equity firm will invest at least $100m in Sundrop Farms from its $6bn Asia Fund II.