Miura raises €350m

Miura has held a final close of Frutas at €350 million. According to the firm, it is the largest agribusiness fund in Europe, and was raised to support the growth of leading fruit processors Citri&Co and Frutas Esther. The firm already holds an interest in Citri&Co through Miura Fund II, which will transfer its interest to Fund III, to be held alongside the Frutas interest.

The fund was raised in less than three months, through commitments from European and North American institutional investors, including Morgan Stanley and Schroder Adveq.

Rede Partners provided advisory services during the fundraise.