Clare Pennington
The firm, which raised $1.3bn for its Africa funds last year, is betting on the increasing use of urea-based fertilisers around the world and Indorama’s expansion into African, US and European markets.
Jürgen Rigterink will replace Nanno Kleiterp, FMO’s chief executive officer since 2008.
Oriens Capital has raised NZ$30m for its debut fund to date, and will seek opportunities across a range of sectors.
Arise will provide growth equity and target financial service providers working with rural communities in 20 sub-Saharan countries.
.jpg?id=19327389307 "Duet and Nigerian asset manager to set up $400m fund")
The public-private fund will see Duet open an office in Nigeria, as it provides credit and equity for six food and beverage companies.
The Russian Direct Investment Fund has signed an MoU with Middle Eastern, Thai and Chinese investors to establish Russia’s largest dairy.
CD&R is acquiring the sausage casing maker from Silverfleet.
CD&R is acquiring the sausage casing maker from Silverfleet.
Founded two years ago to take advantage of beef export opportunities, Verde Beef is expected to grow “ten-fold” with new funding according its latest investor 8 Miles.
The Canadian pension was among a short list of prospective buyers said in January to be under consideration to take on a minority stake in the company.
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