Fund Watch

  • Chobani Launches $3M Food Incubator in Australia

    Chobani, maker of one of the leading yogurt brands in the U.S. and the fastest yogurt brand in Australia, has partnered with Monash University to launch a $3 million food incubator in Australia that will mirror its existing incubator in the U.S. Hamdi Ulukaya, CEO of Chobani, unveiled the program at Monash University’s newly launched stat

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  • Arable Capital Partners Closes Debut Fund at $300M

    Washington State and California-based private equity firm  Arable Capital Partners (Arable) announced the first and final closing of its maiden fund at $300 million. Headquartered in Bellevue, Washington, and Bakersfield, California, Arable was launched by a team of highly experienced industry veterans who are aiming to fill the funding g

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  • AreaOne Farms Fund III Sees $130M Close

    AreaOne Farms announced that its third fund - AreaOne Farms Fund III -saw a close at $130 million last month. In December 2016 AreaOne announced Fund III was soon to achieve a $100 million close, however, institutional investors seeking exposure to ag pushed the fund to close oversubscribed by 30 percent, and at four times the total funds r

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  • Harvest Returns is Launching New Ag Investment Platform

    Fort Worth, Texas-based fintech company Harvest Returns has announced the launch of a new agriculture investment platform. Founded in 2016 by military veterans, Chris Rawley and Austin Maness, Harvest Returns has created the equity partnership platform to enable agricultural producers and landowners to access capital from investors while st

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  • VMG Closes Fund IV at $550M

    VMG Partners has closed their fourth fund - VMG Partners Fund IV - at $550 million, with another $150 million available through a flex-up vehicle. The capital will be allocated for investments in dynamic and emerging lower middle market CPG brands that post revenues between $5 million and $100 million. However, VMG takes a broad view of the

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  • Newly Launched Summa Equity Fund I Makes First Seafood Investment

    Newly launched Norwegian private equity firm Summa Equity has made its first seafood investment, acquiring a 75 percent stake in Milarex, a value-added salmon processing company located in Slupsk, Poland, for an undisclosed amount. Launched last spring, Summa Equity was founded by Raynir Indahl, formerly of Altor, and Johannes Lien and Jen

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  • TIAA, AGR Partners to Launch $247M TGAM Agribusiness Fund-B

    TIAA Global Asset Management (TGAM) and California-based ag and food-focused private equity firm AGR Partners have filed with the Securities and Exchange Commission (SEC) in preparation for the launch of the $247 million TGAM Agribusiness Fund-B. Under the filing for the pooled private equity fund, TIAA-CREF Alternative Advisors and AGR Pa

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  • Summit Agricultural Group Launching $60M Summit Ag Fund III

      Summit Agricultural Group is launching its third fund, Summit Ag Fund III with a funding target of $60 million, according to a filing with the Securities and Exchange Commission (SEC).   Based in Iowa and founded in 1990 by agribusinessman Bruce Rastetter, Summit has build up a diverse portfolio of ag operations including

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  • Platte River Equity Closes Fourth Fund at $625M

    Colorado-based Platte River Equity announced the close of its fourth private equity fund - Platte River Equity IV - at its set hard-cap of $625 million. Headquartered in Denver, Platte River’s investment thesis focuses on investments of between $10 million and $80 million in North American middle market operating companies in sectors inc

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  • Israel, India to Launch Tech Fund

    During a visit to Israel by Indian Prime Minister Narendra Modi, the two countries announced the launch of the Israel India Innovation Initiative Fund (I4F) - an investment vehicle designed to focus on mutually beneficial investments in sectors ranging from agriculture to water to space. Under the terms of the fund, each country has agreed

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