Co-investing in the limited partnership with Rabobank, which contributed 25% of the
capital, were IFC, a member of the World Bank Group; Finance for
Development; and Deutsche Investitions-und Entwicklungsgesellschaft mbH.
Each co-investor committed to providing $20 million in equity, and the balance will come from other investors.
Rabobank's Rajesh Srivastava will manage the portfolio. The firm plans to invest the fund in 38 subsectors of food and agribusiness as
well as in agri-infrastructure such as cold chain logistics and
warehousing. -
George White
See press release
Dutch financial services firm Rabobank Group has wrapped up a new $100 million private equity fund that will target small and medium agribusinesses in India with the aim of reducing poverty through modernization of the sector.
