Private Equity Funds in Market Focused on the Agriculture and Food Sectors – November 2012

by Bogusia Glowacz

  • 15 Nov 2012
  • PE

Preqin Investor Network currently tracks 169 private equity funds looking to gain exposure to the food and agriculture industry sectors. Those vehicles are seeking to raise $47.7bn (an equivalent of 6% of the aggregate target of all private equity funds on the road) and have an average size of $296mn. In terms of fund type, 32% of food and agriculture funds in market are looking to follow a growth strategy and 27% a buyout strategy.

Emerging markets tend to attract considerable interest from food and agriculture funds, with 53 looking for investment opportunities in Asia and 21 in Africa. The more traditional private equity markets such as the US and Europe are also attractive to funds within this space, with 43 and 29 food and agriculture vehicles on the road targeting those regions respectively.

AGF Latin America is one prominent fund in market looking to make late-stage investments within Argentina, Brazil, Chile and Uruguay. The fund, which is targeting $150mn in capital commitments, will concentrate on investment within agribusiness, food, and related services sectors. Another vehicle focused on agriculture investments is Central Africa Agriculture Fund, which is currently looking to raise $450mn in order to invest across Central and Southern Africa.

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