Agriculture, Agribusiness & Agtech

Amwal Capital Partners has introduced the ACP Shariah Financing Fund, a $150 million private credit vehicle designed to offer Shariah-compliant financing solutions to small and medium-sized enterprises (SMEs) within the Gulf Cooperation Council (GCC) region. This initiative aims to bridge the significant $250 billion SME credit gap by providing ethical, asset-backed capital to businesses that are often underserved by traditional banking institutions. The fund's strategy emphasizes direct lending to emerging companies, particularly those with tech-enabled platforms requiring flexible financing structures. Over its five-year term, the fund plans to execute 12 to 15 transactions, focusing on sectors such as logistics, vehicle leasing, and FinTech. Initial investments include ventures in the tourism and agricultural food trade industries, reflecting the fund's commitment to supporting sectors vital to regional economic growth. By adhering strictly to Islamic finance principles, the ACP Shariah Financing Fund ensures that all investments are structured to avoid interest-based income and excessive uncertainty, aligning with ethical investment practices. This approach not only meets the growing demand for Shariah-compliant financial products but also offers investors exposure to high-yield opportunities uncorrelated with public markets.

AXA IM Alts' natural capital and impact investment strategy targets protection, restoration, and sustainable management of ecosystems through project financing of nature-based initiatives (reforestation, carbon credits, biodiversity) and equity in natural capital companies. Launched in late 2022 with over $560 million in commitments from IFC, Proparco, and DEG by November 2025.

Adenia Capital (V) LP is a closed-end private equity fund managed by Adenia Partners Ltd, a pan-African investment firm with seven offices across the continent and a 20-year track record of mid-market private equity in Africa. The fund marks a significant milestone in Adenia's history as the firm's first fully pan-African vehicle, expanding beyond its historic focus on select sub-Saharan markets to invest across the entire African continent. Fundraising launched in early 2022 and reached a first close of USD 300 million in January 2023, exceeding 75% of the USD 400 million initial target. The fund closed on April 4, 2024 at its hard cap of USD 470 million, significantly oversubscribed. Adenia Capital (V) LP targets between 10 and 12 control investments in medium-sized companies with proven business models, with a median deal size of USD 30-50 million. The fund integrates ESG criteria and has been designated a 2X Flagship Fund for its commitment to gender equality, and commits to setting carbon reduction targets for all portfolio companies over their investment lifecycle. The fund attracted a diverse consortium of development finance institutions and institutional investors, including the European Investment Bank (EIB), FMO, Proparco, Norfund, FinDev Canada, the US International Development Finance Corporation (DFC), the South African Public Investment Corporation (PIC), and pension funds from Kenya and Ghana. Target sectors include financial services, agribusiness, renewable energy, consumer goods, telecommunications, healthcare, education, business services, light manufacturing, and specialty distribution.

Adenia Capital (V) LP is a closed-end private equity fund managed by Adenia Partners Ltd, a pan-African investment firm with seven offices across the continent and a 20-year track record of mid-market private equity in Africa. The fund marks a significant milestone in Adenia's history as the firm's first fully pan-African vehicle, expanding beyond its historic focus on select sub-Saharan markets to invest across the entire African continent. Fundraising launched in early 2022 and reached a first close of USD 300 million in January 2023, exceeding 75% of the USD 400 million initial target. The fund closed on April 4, 2024 at its hard cap of USD 470 million, significantly oversubscribed. Adenia Capital (V) LP targets between 10 and 12 control investments in medium-sized companies with proven business models, with a median deal size of USD 30-50 million. The fund integrates ESG criteria and has been designated a 2X Flagship Fund for its commitment to gender equality, and commits to setting carbon reduction targets for all portfolio companies over their investment lifecycle. The fund attracted a diverse consortium of development finance institutions and institutional investors, including the European Investment Bank (EIB), FMO, Proparco, Norfund, FinDev Canada, the US International Development Finance Corporation (DFC), the South African Public Investment Corporation (PIC), and pension funds from Kenya and Ghana. Target sectors include financial services, agribusiness, renewable energy, consumer goods, telecommunications, healthcare, education, business services, light manufacturing, and specialty distribution.

Allianz Credit Emerging Markets (ACE) Fund is a blended finance private debt strategy managed by Allianz Global Investors (AllianzGI), one of the world's largest active asset managers with more than EUR 530 billion in assets under management. The fund represents AllianzGI's fifth blended finance initiative and combines concessional capital from development finance institutions with institutional private capital to mobilize large-scale investment in support of the Paris Agreement and the United Nations Sustainable Development Goals (SDGs). The fund reached a first close of USD 690 million on January 20, 2026, with Allianz SE and Swiss pension fund GastroSocial Pensionskasse serving as anchor investors for the senior tranche. The junior tranche attracted commitments from British International Investment (BII), Global Affairs Canada, the Inter-American Development Bank Invest (IDB Invest), the Swedish International Development Cooperation Agency (SIDA), and Impact Fund Denmark. AllianzGI is targeting a final close at USD 1 billion. The ACE Fund invests in a diversified portfolio of private debt instruments across low-carbon sectors in emerging markets, focusing on clean energy, smart agriculture, sustainable infrastructure, financial institutions serving underserved communities, and certain manufacturing activities. The fund's geographic mandate spans Africa, Latin America and the Caribbean, and Asia Pacific. The blended finance structure features tiered tranches with differentiated risk-return profiles, enabling institutional investors to participate in emerging market private credit at adjusted risk levels while unlocking capital for climate-critical infrastructure projects in regions underserved by traditional institutional investment flows.

Amethis, the pan-African private equity firm co-founded by Luc Rigouzzo and Laurent Demey, completed the final close of its third flagship fund on 15 January 2026, raising EUR 406 million in line with its target. The fund is structured as a Luxembourg SICAV-RAIF (Amethis Fund III S.C.A., SICAV-RAIF), qualifies as an Article 9 fund under SFDR — the highest European sustainability classification — and is managed by Amethis Investment Fund Manager S.A. The platform's total assets under management exceed EUR 1.4 billion across all vehicles. The LP base includes prominent development finance institutions: the European Investment Bank (EIB), International Finance Corporation (IFC), Bpifrance, British International Investment (BII), and KfW DEG, alongside qualified private investors representing more than 40% of total commitments. Amethis Fund III is the third vintage of the firm's flagship pan-African strategy, building on the proven track record of prior funds. The vehicle targets approximately ten investments in African small and mid-sized companies, deploying equity tickets of EUR 25 to EUR 40 million per company across majority and minority stake structures. Target sectors include manufacturing and distribution (including agribusiness), business services and logistics, technology and digital services, healthcare, and infrastructure and energy-related services. Each investment must demonstrate a clear impact orientation, with fund compensation directly tied to ESG-linked carry objectives measuring improvements in employment quality, gender equality, environmental performance, and governance standards. Fund deployment was well advanced at the time of final close, with four investments already signed or closed and one additional transaction under exclusivity — a strong early deployment rate reflecting the quality of Amethis's deal pipeline and sector expertise built over fifteen years of investing across the African continent. The fund's Article 9 classification and ESG-linked carry mechanism represent the culmination of Amethis's long-standing commitment to responsible, long-term investment generating both financial returns and measurable positive impact for African businesses and communities.

Amethis, the pan-African and MENA-focused private equity firm, completed the final close of Amethis MENA Fund II S.C.A., SICAV-RAIF on 31 August 2022, raising EUR 120 million in line with its target. The fund is the second vehicle in Amethis's MENA franchise and the firm's fifth fund in total, structured as a Luxembourg reserved alternative investment fund and classified as an Article 9 vehicle under SFDR. The LP base reflects Amethis's deep relationships with development finance institutions and impact-oriented investors: the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), Proparco/FISEA, the International Finance Corporation (IFC), Bpifrance, and British International Investment (BII), alongside qualified private investors representing more than 40% of total commitments. The fund focuses on fast-growing small-to-medium-sized enterprises in Morocco, Egypt, Tunisia, and Jordan, taking both majority and minority equity stakes with ticket sizes ranging from EUR 5 million to EUR 15 million per company. Amethis's investment thesis in the MENA region emphasises businesses benefiting from demographic tailwinds and the structural formalisation of SME sectors across North Africa and the Levant. Target sectors include manufacturing and agribusiness distribution, business services and technology, and financial services. The fund embeds a commitment to the 2X Challenge criteria for women's economic empowerment directly into investment selection and portfolio monitoring, making gender equality a core performance metric alongside financial returns. Early portfolio investments include Magriser, a leading micro-irrigation distribution company, and Tarjama, a language technology services platform — illustrating the fund's dual focus on economic inclusion and operational value creation in MENA's underserved SME segment. The fund's Article 9 classification and DFI-anchored LP base reflect Amethis's position as one of the most credible and experienced impact-oriented private equity managers in the Africa and MENA region, with total AUM approaching USD 1 billion across the full platform.

Ara Fund III will continue Ara's strategy of investing in the decarbonization of the industrial economy, the greatest source of carbon emissions globally. Leveraging significant technical and operations expertise, the fund will pursue both buyout and growth investments in industrial companies primarily headquartered in the United States, Canada and Europe that have the potential to achieve reductions in carbon emissions across sectors, including industrial and manufacturing, chemicals and materials, energy efficiency and green fuels, and food and agriculture. Ara's predecessor fund, Ara Fund II, closed in September 2021 at approximately $1.1 billion, above its $650 million target. Ara has total assets under management of approximately $5.6 billion. As of December 2013, Ara Fund III has already completed four investments: Vacuumschmelze, a leading global producer of advanced magnetic materials and the largest producer of rare earth permanent magnets in the Western Hemisphere; Genera, a sustainable pulp and packaging producer; CFP Energy, which provides market-facing solutions in environmental and green energy products to industrial customers across Europe; and CycleØ, a fully integrated developer of distributed biomethane facilities.

Australia New Zealand Forest Fund 2 (ANZFF2) is a timberland and real assets fund managed by New Forests Asset Management, a specialist sustainable real assets investment manager founded in 2005 and headquartered in Sydney, Australia. ANZFF2 is one of New Forests' flagship Australia-New Zealand investment vehicles and focuses on the acquisition and active management of large-scale productive forest plantations and related assets across Australia and New Zealand. The fund was established to provide institutional investors with long-duration, inflation-linked returns from sustainable timber and land management in two of the Asia Pacific region's most ecologically significant forestry markets. ANZFF2 employs a core real assets strategy centred on acquiring freehold or long-term leasehold eucalyptus and pine timber plantations in Australia and New Zealand, alongside associated processing facilities, infrastructure, and carbon-generating opportunities. The fund's investment thesis integrates multiple revenue streams: timber harvesting revenues form the primary return driver, while carbon sequestration credits, biodiversity certificates, and land management activities provide complementary income and contribute to the fund's sustainability objectives. This multi-revenue approach creates diversified cash flows that are relatively resilient to commodity price cycles while generating measurable environmental co-benefits. Launched with a 2014 vintage, ANZFF2 raised approximately A$660 million at final close, making it one of the largest dedicated timberland funds in the Asia Pacific region at the time. The fund attracted a diversified group of six institutional limited partners, including Swedish national pension fund Andra AP-fonden (AP2). A landmark investment was the acquisition of a 175,000-hectare freehold estate comprising more than 100,000 hectares of high-quality timber plantations across Australia and New Zealand. New Forests' Australia-New Zealand platform, of which ANZFF2 is a central component, has since grown to collectively manage A$4.67 billion across four successive vehicles.

Australia New Zealand Landscapes and Forestry Fund (ANZLAFF) is a sustainable real assets fund managed by New Forests Asset Management, a specialist investment manager with over 20 years of experience in sustainable forestry, land use, and nature-based solutions across the Asia Pacific region. Launched in December 2022, ANZLAFF is New Forests' fourth Australia-New Zealand strategy and its most comprehensive approach to integrating productive forestry, agriculture, and nature-based value creation. The fund is designed for institutional investors seeking long-duration, climate-aligned, and inflation-linked returns from sustainable land management in Australia and New Zealand. ANZLAFF invests in core forestry plantations — primarily sustainable eucalyptus and pine — alongside selective processing and logistics companies, with targeted exposure to primary agriculture commodities. A distinguishing feature of the fund's strategy is the systematic monetisation of nature-based value: alongside timber revenues, the portfolio generates income from carbon sequestration and emissions avoidance certificates, biodiversity credits, and renewable energy projects such as solar and wind. This integrated landscape approach aims to maximise returns from the whole property by combining productive use with environmental stewardship, responding to growing institutional demand for real assets that simultaneously deliver financial and measurable climate benefits. ANZLAFF held its first close in December 2023, raising approximately A$450 million from institutional investors across Australia and Europe, including Swedish pension fund Andra AP-fonden (AP2), German pension group Bayerische Versorgungskammer (BVK), and the Australian Government's Clean Energy Finance Corporation (CEFC). The fund achieved its final close in January 2025 at A$600 million, meeting its target and welcoming three additional investors from Europe and Asia Pacific. ANZLAFF extends New Forests' A$4.67 billion Australia-New Zealand track record across four successive vehicles, building on the proven investment and operational capabilities developed since the firm's founding in 2005.

Australia and New Zealand Forestry Fund 2 (ANZFF2) is a closed timberland investment fund managed by New Forests Asset Management, one of Australia's leading forestry and natural capital investment managers. With total committed capital of approximately A$700 million, ANZFF2 was fully invested by 2018 and built a diversified portfolio of approximately 200,000 hectares of certified softwood and hardwood plantation forests across Australia and New Zealand, all meeting Forest Stewardship Council (FSC) certification standards for responsible forest management and ecological stewardship. The fund pursued a long-term, core-return timberland strategy targeting inflation-linked returns derived from timber harvests, carbon credit revenues, biodiversity value, and land appreciation over its ten-year investment horizon. New Forests' operational expertise in plantation management and its deep relationships with domestic and international timber buyers, processors, and export markets enabled active value creation across the portfolio throughout the fund's life. ANZFF2's investment mandate allowed for selective investment in processing infrastructure and related facilities such as sawmills, bioenergy plants, and port access assets to maximise integrated supply chain value and diversify revenue streams. ANZFF2 achieved full realisation of its portfolio in December 2025, completing a series of asset sales to leading institutional investors. APG Asset Management, one of Europe's largest pension investors managing over €600 billion in assets, acquired the fund's final New Zealand forestry assets located in the Otago region. The fund delivered strong double-digit returns across its ten-year life, validating the long-term value creation potential of sustainably managed forestry assets in the Australasian region. New Forests has subsequently launched successor vehicles including Australia New Zealand Forestry Fund 3 (ANZFF3), which raised over A$660 million, and the Australia New Zealand Landscapes and Forestry Fund (ANZLAFF), which targets integrated forest, land, carbon, and agriculture markets across Australia and New Zealand.

Axeleo Capital Green Tech Industry I is the debut climate and industrial technology fund raised by Axeleo Capital, an independent French venture capital manager that has expanded its platform from B2B enterprise software into the green economy. The fund represents Axeleo Capital's strategic entry into deep industrial technology, targeting European startups at the critical transition from laboratory to first commercial factory, addressing the capital gap between research grants and scaled manufacturing investment. The fund focuses on financing the first commercial factories of European industrial startups dedicated to the ecological transition, investing across four impact-driven verticals: energy technologies including novel renewable energy sources and storage systems; chemistry and advanced materials including biomaterials and plastics recycling; agriculture and food systems including bio-based fertilizers, pesticides, and food innovation; and sustainable mobility including electric motor technologies and decarbonization of air and sea transportation. Axeleo targets 15 to 20 investments across Europe with lead ticket sizes ranging from EUR 3 million to EUR 10 million, focusing on founders with proprietary technology and a credible path to scaled industrial production. Axeleo Capital Green Tech Industry I announced a first close at EUR 125 million in November 2024 against a total target of EUR 250 million. Anchor commitments came from the Révolution Environnementale et Solidaire fund (Crédit Mutuel Alliance Fédérale), Bpifrance via the Fonds National de Venture Industriel as part of France's Plan France 2030 industrial policy, and the Veolia environmental services group. The fund is actively fundraising toward its EUR 250 million target, making it one of the largest dedicated industrial climate tech vehicles raised in France.

Axeleo Green Tech Industry I (GTI I) is a venture capital fund dedicated to backing industrial deep-tech startups at the forefront of Europe's ecological transition. Managed by Paris-based Axeleo Capital, the fund reached a first close of €125 million in November 2024, against a target of €250 million, and has been awarded the Tibi label — France's national recognition for funds backing technology innovation — in acknowledgment of its contribution to a sustainable European industrial ecosystem. GTI I focuses on post-research-and-development companies preparing to launch their first production facilities and initial commercialization phases. The fund targets four core sectors of the green economy: Energy, including renewable energy production and storage systems; Chemicals and Materials, covering biomaterials and plastics recycling; Agriculture and Food, addressing bio-based fertilizers, pesticides, and food innovation; and Mobility, supporting electric motors and the decarbonization of aviation and maritime transport. The fund plans to make 15 to 20 lead investments across Europe, with ticket sizes ranging from €3 million to €10 million per company. The initial LP base includes Bpifrance, Veolia Group, and Crédit Mutuel as anchor institutional and industrial partners, complemented by Axeleo Capital's network of strategic investors aligned with the green transition. The first portfolio company announced was Sweetch Energy, a French pioneer in osmotic renewable energy generation. GTI I represents Axeleo Capital's largest fund to date and builds on the firm's established track record as a specialist backer of deep-tech and industrial innovation startups in France and across Europe.

Axeleo Greentech Industry fund is a venture capital fund managed by Axeleo Capital, an independent Paris-based investment firm specializing in industrial and enterprise technology. The fund is part of Axeleo Capital's GreenTech Industry (GTI) series and is consistent with the firm's flagship GreenTech Industry I (GTI I) vehicle, which achieved a first closing of €125 million in November 2024 toward a final target of €250 million. Classified as Article 9 under the EU Sustainable Finance Disclosure Regulation (SFDR), the fund was conceived as Europe's first industrial startup factory dedicated to the ecological transition, combining financial returns with measurable environmental impact. Axeleo Capital, founded in 2017 and managing nearly €300 million in total assets under management across its fund family, developed the GTI series to position itself as one of Europe's principal investors in industrial innovation for the green transformation. The fund focuses on four core sectors aligned with the decarbonization of European industry: energy, including renewable energy and storage technologies; chemicals and materials, including biomaterials and plastics recycling; agriculture and food, including bio-based fertilizers and pesticides; and mobility, including electric motors and decarbonization of air and maritime transport. With lead investment tickets ranging from €3 million to €10 million and a target portfolio of 15 to 20 companies, the fund targets early-to-mid-stage European startups at the critical commercialization stage of establishing their first industrial facilities. The investment philosophy requires portfolio companies to be eligible for the EU Taxonomy or to contribute to relevant United Nations Sustainable Development Goals. The fund's anchor institutional investors include Bpifrance, Veolia Group with a €30 million commitment, and Crédit Mutuel Alliance Fédérale, alongside backing from the Révolution Environnementale et Solidaire fund and the Fonds National de Venture Industriel (FNVI). The management team includes partners Eric Burdier, Marc Lechantre, Guillaume Sarlat, and Mathieu Viallard, with Sandra Dubos serving as Investment Director. An early portfolio company includes Sweetch Energy, a developer of osmotic energy technology based on salinity differences between fresh and salt water.

Capnamic Ventures Bremen Fund I is a €30 million early-stage venture capital fund managed by Capnamic, one of Germany's leading pre-seed to Series A investors. Launched in 2024, the fund was created as a dedicated regional investment vehicle to channel institutional and private capital into high-growth startups based in the Free Hanseatic City of Bremen. The fund was co-anchored by two public-sector institutions: Bremer Aufbau-Bank (BAB), the state development bank, and Sparkasse Bremen, the region's major savings bank, supplemented by a group of nine prominent local entrepreneurs who also committed capital. The fund targets up to 15 startups operating in Bremen's strategic industries, including aerospace and space technology, logistics and supply chain innovation, nutrition and food technology, and artificial intelligence. Investment sizes are calibrated for pre-seed and seed rounds, with follow-on capacity through Series A. Capnamic brings its established investment process and network from its main fund platform to the Bremen vehicle, giving local founders access to a team with deep experience in backing category-defining German-speaking technology companies. The fund operates with a ten-year term and is supported by the broader Capnamic ecosystem, which includes offices in Cologne, Berlin, and Munich, as well as a portfolio of over 100 companies since the firm's inception. Bremen Fund I is part of Capnamic's Specialty Funds initiative, which pairs regional institutional capital with the firm's venture expertise to strengthen startup ecosystems in underserved German cities and regions.

Climate Tech Portfolio Fund IV is the latest flagship fund-of-funds vehicle managed by Carbon Equity B.V., a Dutch-regulated alternative investment fund manager (AIFM) supervised by the Authority for the Financial Markets in Amsterdam, Netherlands (AFM registration 15005329). The fund targets a diversified portfolio of six to eight leading climate technology venture capital and private equity funds, combined with eight to twelve direct co-investments, providing investors with exposure to over 150 breakthrough climate technology companies across North America and Europe. With a next close scheduled for June 30, 2026, the fund is actively accepting commitments from accredited investors at a minimum ticket size of €100,000, making institutional-quality climate fund-of-funds access available at a significantly lower entry point than direct LP subscriptions to the underlying managers. Fund IV deploys capital according to a two-sleeve structure: approximately 80% of invested capital flows to carefully selected top-tier climate technology fund managers, while the remaining 20% is allocated to high-conviction co-investments offering direct company exposure alongside portfolio fund GPs. Geographic allocation targets North America at 60% and Europe at 40%, capturing the innovation depth of Silicon Valley, Boston, London, Amsterdam, and emerging European climate hubs. Sector allocation is diversified across energy (25%), industry (25%), food and land use (15%), transportation (15%), buildings (15%), and carbon management (5%), with investment stage emphasis on early growth companies at Series B and beyond (approximately 60% of portfolio) where commercial traction and scaling potential are most pronounced. The fund targets a net internal rate of return of 12–15% and a long-term investment horizon consistent with the development timelines of breakthrough climate technology companies. Carbon Equity has established a track record as a leading European gateway to climate technology private markets, operating under the regulatory oversight of the Dutch AFM. The firm's Climate Tech Portfolio Fund series has enabled European and international investors to access premier US- and Europe-based climate VC managers who typically require multi-million-dollar minimum commitments. Fund IV builds on the learnings of predecessor vintages, incorporating refined GP selection criteria and an expanded co-investment program. The fund's regulated AIFM structure provides investor protections consistent with European fund governance standards, and Carbon Equity's growing institutional LP base reflects increasing institutional appetite for curated, diversified access to the climate technology opportunity.

Cibus Carbon is a natural capital fund managed by Cibus Capital LLP, a London-based private equity platform founded in 2007 by Rob Appleby that focuses exclusively on sustainable food and agriculture investments. The fund is operated through a dedicated Australian subsidiary, Cibus Carbon Investments Pty Ltd, led by Damon Petrie (Consultant Investment Director), Jeremy Alun-Jones (COO), Simon Campbell (Consultant CEO), and Grant Tranter (Consultant Chief Scientist). Cibus Capital has raised over USD 1 billion across its fund platform — which includes Cibus Fund (mid-market PE and real asset farming), Cibus Enterprise (agri-food tech venture capital), and Cibus Carbon — and won two awards at the 2024 ESG Investing Awards, including ESG Investment Fund of the Year. Cibus Carbon targets institutional investors and seeks to raise between A$200 million and A$300 million (approximately USD 132–198 million), with a target of A$70–100 million by end of 2025 and up to A$300 million by end of 2026. The fund's strategy is to plant mixed native tree species on carefully selected low-cost Australian land parcels identified through proprietary geospatial and agronomic models that maximise carbon yield relative to acquisition cost. Over a 30-year investment horizon, the fund aims to deliver approximately 11.25 million Australian Carbon Credit Units (ACCUs), targeting corporate buyers subject to Australia's Safeguard Mechanism. Net ACCU demand is projected to nearly triple from 15 million units in 2025 to 44 million by 2030, a market Cibus expects to become the world's largest carbon credit system by end of the decade. The fund leverages Cibus's ownership of Withcott Seedlings, one of Australia's largest native tree nurseries, providing operational advantage in seedling procurement and project execution at scale. The fund was launched and publicly announced in September 2025 as Cibus Capital's dedicated natural capital vehicle for the Australian carbon market.

Cibus Enterprise Fund II is a $135 million late-stage venture capital fund advised by Cibus Capital, a London-based specialist investment manager focused on sustainable food and agriculture. The fund completed its final close on March 4, 2024, raising $135 million in capital commitments from institutional investors, and forms part of Cibus Capital's combined $645 million dual-fund fundraise alongside Cibus Fund II. Cibus Enterprise Fund II had already completed ten portfolio investments by the time of its final close, demonstrating strong early deployment velocity and a robust pipeline of late-stage agrifood innovation companies. The fund invests in late-stage venture and growth-stage technology companies developing transformative innovations across the global food and agriculture value chain. Cibus Enterprise Fund II targets breakthrough technologies in robotics and automation for agricultural applications, precision chemistry for crop protection, natural capital management systems, and other technology solutions that improve resource efficiency and sustainability throughout food production and processing. The fund leverages Cibus Capital's deep operational network across the food and agriculture industry to identify companies with clear commercial pathways and to provide strategic support beyond capital — connecting investee companies with potential customers, partners, and operators within the Cibus portfolio ecosystem. Cibus Enterprise Fund II builds on the original Cibus Enterprise Fund and benefits from Cibus Capital's integrated investment platform, which simultaneously manages mid-market PE investments in established food businesses through Cibus Fund II and late-stage venture investments in agrifood technology through Enterprise Fund II. This dual-strategy approach creates meaningful synergies: technology companies in Enterprise Fund II gain access to Cibus's portfolio of food and agriculture operators as potential early adopters and commercial partners, while PE investments in Fund II gain proprietary access to emerging technologies. The combined platform positions Cibus Capital as one of the few specialist managers with end-to-end coverage of the sustainable agrifood investment opportunity.

Cibus Fund II is a $510 million mid-market private equity fund advised by Cibus Capital, a London-based investment manager specializing exclusively in sustainable food and agriculture. The fund completed its final close on March 4, 2024, reaching $510 million in total capital commitments from a globally diversified institutional investor base that includes the Los Angeles County Employees' Retirement Association (LACERA) and Retail Employees Superannuation Trust (Rest), one of Australia's largest profit-to-member superannuation funds. Cibus Fund II forms part of a combined $645 million fundraise alongside Cibus Enterprise Fund II, which closed simultaneously with $135 million targeting late-stage agrifood technology. Cibus Fund II deploys capital through mid-market buyout and growth equity investments in food production, processing, and distribution businesses that are positioned to lead the transition to more sustainable, innovative, and resource-efficient food systems. The fund targets companies that demonstrate competitive advantages through technology adoption, operational efficiency, and strong sustainability practices across the global agricultural supply chain. Cibus Capital brings a differentiated approach combining deep financial expertise with genuine operational experience in farming and food production — enabling the firm to underwrite investments with a level of sector insight that generalist PE managers cannot replicate. The fund focuses on businesses in food production, processing, manufacturing, distribution, and specialty food sectors globally. Cibus Fund II is the successor to Cibus Fund I and reflects the manager's expanded conviction in the long-term structural growth of the sustainable agrifood investment opportunity. Portfolio companies under the Cibus Capital umbrella include Withcott Seedlings, one of Australia's largest native tree seedling producers, and PSB Produccion Vegetal, a leading European stone fruit production business, illustrating Cibus's global reach and hands-on operational engagement model. The fund's ability to secure re-up commitments from LACERA and attract new institutional capital from leading Australian pension funds demonstrates the firm's growing international institutional profile and consistent investment performance.

DCVC VI is a $681 million venture capital fund managed by DCVC, a leading deep technology investment firm co-founded by Matt Ocko and Zachary Bogue and headquartered in San Francisco, California. Closed in 2022, the fund is the sixth in DCVC's series of flagship deep tech funds and continues the firm's exclusive focus on backing early-stage companies that apply cutting-edge computation, artificial intelligence, and engineering breakthroughs to major challenges in the physical world. DCVC VI follows DCVC V ($725 million, 2019) and forms part of a fund family that has deployed over $2 billion in flagship capital alone. The fund pursues early-stage and growth-stage investments in companies leveraging AI, advanced semiconductors, autonomous systems, computational biology, and simulation to disrupt large incumbent industries. DCVC VI's investment thesis spans agriculture, industrial manufacturing, energy, space, healthcare, defense, and advanced materials — sectors where computational approaches create durable structural advantages. Unlike generalist VC funds, DCVC requires deep technical diligence conducted by partners with domain expertise across hard-science disciplines, allowing the firm to back companies that most investors are ill-equipped to evaluate. Portfolio companies from this vintage include Mythic (application-specific AI inference chips), San Francisco Compute, and AlphaGeo (geospatial intelligence). DCVC manages approximately $4 billion in total capital across its flagship, life sciences (DCVC Bio), and climate technology (DCVC Climate) strategies, deploying capital at the intersection of advanced computation and physical industries. The firm's model — investing early when computational approaches first become viable for a given industry — has remained consistent across all fund vintages since its founding and has produced a portfolio spanning semiconductors, defense technology, agricultural robotics, computational biology, and enterprise software for hard industries.

The EV II fund is a 70m€ Venture Capital fund that invests in innovative companies in Series A & B stage. The fund has a focus on Fintech and Beyond Banking sectors, including financial technology, RegTech, cybersecurity, mobility, energy, agriculture, and more. The fund targets investments in Central and Eastern Europe, which is an emerging startup ecosystem with amazing talent and founders but lacks the attention and funding resources of more mature regions. The fund has a commitment from RBI, Raiffeisen-Holding Niederösterreich-Wien, and Raiffeisen-Landesbank Steiermark, and has previously invested in a portfolio of 15 companies, including investment banking, e-signature & identification, and RegTech companies, among others. The main goal of Elevator Ventures is to earn a financial return for its investors. In addition, they want to contribute to the strategy of the banks and engage with high-growth companies whose business models might be changing the industry dynamics in the mid- to long term. The fund also cooperates with international co-investors and has decided to invest in a Fund of Funds and other VC funds alongside Raiffeisen-Landesbank Steiermark, and Raiffeisenlandesbank Oberösterreich. The fund also believes in the transformative power of technological shifts that enable high-growth companies to drive customer value and reshape industries. They are driven by a sector focus that encompasses not only Fintech but also Beyond Banking, which includes platform-based business approaches in various service areas. Elevator Ventures also plans to continue to promote innovation in the region with the backing of its LP base.

The Fondo de Co-inversión (FOCO), or Co-investment Fund FOCO, is a €2 billion public co-investment vehicle created by the Spanish government and managed by COFIDES (Compañía Española de Financiación del Desarrollo). The fund was established under Royal Decree Law approved on December 27, 2023 and officially launched in April 2024, mobilizing capital from the European Union's Next Generation EU instrument to catalyze private foreign investment into Spain's strategic sectors. FOCO's investment mandate focuses on equity and quasi-equity co-investments alongside foreign strategic partners, targeting transactions between €10 million and €150 million per operation. The fund operates exclusively as a minority investor, with total public capital capped at 49% of any given operation, and always co-invests with a foreign partner. COFIDES can deploy capital directly into companies or through financial vehicles and funds. Target sectors include renewable energy and energy efficiency, decarbonization, electric mobility, digitalization, sustainable infrastructure, biotechnology, and sustainable agriculture. FOCO is structured as a permanent revolving fund — all investment returns are reinvested to extend the fund's investment capacity over time. Among its initial approved investments, the fund committed capital to SWEN Capital Partners for a biomethane fund (€50 million) and Proeduca for education (€90 million), with a total initial portfolio of €220 million across three transactions approved in its first operational months.

Firstime Ventures Fund III — announced in November 2021 under the working title 'Firstime $100 million climate-tech fund' — is the third venture capital fund raised by Firstime Ventures, a Tel Aviv-based early-stage VC firm founded in 2014. Backed by investor Jonathan Kolber of Viola Investment Group, the fund reached its $100 million target and deployed capital across approximately 15 Israeli technology companies, making Firstime one of the few Israeli venture managers explicitly aligned with the United Nations Sustainable Development Goals. The fund's thesis spans two complementary verticals: climate technology and digital health. In climate tech, Firstime focuses on precision agriculture, water solutions, renewable energy, and sustainability-enabling software. In digital health, the fund backs innovations in chronic disease management and precision medicine. Inaugural investments included BeeHero (precision pollination intelligence for commercial agriculture) and Hygieia (AI-powered diabetes management platform), illustrating the portfolio's dual-focus approach united by impact potential. The fund invests at the pre-seed and seed stages in Israeli founders targeting global markets. Fund III represents a meaningful step-up in size relative to Firstime's prior vehicles, reflecting both the maturation of the firm's brand and growing international LP interest in Israeli climate innovation. The fund is managed by co-founders Jonathan Benartzi and Nir Tarlovsky alongside partners Keren Kopilov and Itamar Weizman, who joined for Fund III's launch. Firstime Ventures has built a portfolio of Israeli startups across technology, digital health, and sustainability through three successive fund generations since its founding in 2014.

Firstime Ventures Fund III is the third venture capital fund of Firstime Ventures, an Israeli early-stage VC firm founded in 2014 by Jonathan Benartzi and Nir Tarlovsky. The fund was announced in November 2021 with a target capitalisation of $100 million, positioned as one of the only Israeli venture capital funds explicitly aligned with all 17 United Nations Sustainable Development Goals (SDGs). At announcement, the fund had secured $50 million in initial commitments, anchored by Jonathan Kolber of Viola Investment Group, one of Israel's most prominent technology investors. Fund III focuses exclusively on Israeli-founded startups addressing climate change and global health challenges across seven defined verticals: AI for Renewable Energies, IoT and Data-Driven Agriculture, Food Security, Clean and Circular Economy, Energy and Environment, Net Zero Carbon, and Affordable and Accessible Digital Health. The fund extends Firstime's venture investing model to an impact-first mandate, complemented by Firstime Credit — a dedicated blended-finance arm designed to provide portfolio companies with growth capital alongside equity financing. Inaugural portfolio companies include BeeHero (precision agriculture hive monitoring) and Hygieia (diabetes management platform for uncontrolled patients). Firstime's prior two funds deployed $150 million into more than 30 Israeli technology startups, establishing the firm's track record in early-stage Israeli venture investing. Fund III marks a deliberate shift toward impact-first investing, with climate tech and digital health as the defining theses. The fund was also referenced in the market as 'Firstime Ventures third fund', reflecting its position in the firm's fundraising sequence.

The GAIA Climate Loan Fund is a pioneering blended‑finance vehicle designed to deliver long‑dated credit to public and quasi‑public entities in 19 emerging market countries, with a particular emphasis on climate adaptation. Anchored by leading institutions including MUFG Bank, FinDev Canada and the Green Climate Fund, the platform combines concessional capital with private sector funding to mobilise substantial private credit for resilience outcomes. Targeting a first close of USD 600 million (with a final size up to USD 1.48 billion), GAIA allocates at least 70% of its portfolio to adaptation activities — such as water management, climate‑resilient agriculture, ecosystem protection and climate‑smart infrastructure — while up to 30% may support mitigation investments in renewable energy and low‑emission transport. A minimum of 25% of commitments is reserved for Least Developed Countries and Small Island Developing States, ensuring the most climate‑vulnerable markets are reached. The structure features tiered capital: a junior concessional tranche absorbs early risk, a senior debt component opens access for institutional lenders, and a dedicated currency hedging facility and technical assistance facility support project preparation and mitigate currency and execution risk. By aligning development goals with market discipline, GAIA aims to unlock private capital that has historically shunned adaptation finance due to sovereign, currency and long‑tenor risks. Ultimately, GAIA aspires to benefit 19 million people, create more than 11,000 jobs, avoid roughly 30 million tonnes of CO₂, deliver about 700 MW of renewable‑energy capacity and generate about 36,000 GWh of clean energy annually. Through its innovative blended model the fund seeks to deepen climate‑finance flow into emerging markets and demonstrate a scalable path to resilience‑infrastructure funding.

GEF South Asia Growth Fund III is a climate-focused impact private equity fund managed by GEF Capital Partners, LLC, a Virginia-based firm founded in 2018 through a spinout from Global Environment Fund, a pioneer in sustainability and resource-efficiency investing since 1990. The fund targets middle-market companies in South Asia—primarily India—that provide solutions enabling climate mitigation, climate adaptation, circular economy, and resource efficiency. With a target size of USD 300–400 million and a final close of approximately USD 440 million (March 2025), Fund III is GEF Capital's largest vehicle to date, raising beyond its initial target and reflecting strong institutional demand for climate-aligned private equity in South Asian emerging markets. The fund deploys USD 20–40 million per investment across 9–12 portfolio companies, concentrating on nine thematic areas: renewable energy value chain, energy efficiency, food and water security, resource and waste recovery, mobility, smart cities and green buildings, technological and digital solutions, and low-carbon transition. GEF Capital's Mumbai-based team, led by Founding Partner Raj Pai—who joined the predecessor Global Environment Fund in 2008—brings deep origination relationships and local execution capability in India. The fund is structured as a limited partnership under Ontario, Canada law, with a Luxembourg feeder fund for European institutional investors, and an open mandate for opportunistic co-investments in Southeast Asia. Fund III's LP base includes leading development finance institutions: the International Finance Corporation (IFC, USD 40 million equity plus USD 40 million co-investment envelope), the European Investment Bank (EIB, USD 40 million), British International Investment (BII), and Swedfund (USD 25 million). This roster reflects the fund's positioning at the intersection of development finance and climate investing. GEF Capital's predecessor South Asia Growth Fund II (approximately USD 193 million, 2018 vintage) established the strategy's track record and formed the foundation for Fund III's expanded thematic scope and target fund size.

Granite Creek FlexCap II, L.P. is the second private equity fund raised by Granite Creek Capital Partners, a Chicago-based lower middle market investment firm founded in 2005. The fund closed in May 2019 at $200 million in committed capital, surpassing its predecessor FlexCap I, which managed $85 million and delivered top-decile performance across a portfolio of 19 companies. FlexCap II reflects Granite Creek's continued commitment to the flexible capital model, deploying both equity and subordinated debt solutions to lower middle market businesses across the United States. The fund targets companies in four core sectors: manufacturing, business services, healthcare, and agribusiness. Granite Creek deploys $10 million to $20 million per transaction, typically taking minority or majority equity positions alongside management teams, with the portfolio designed to comprise between 15 and 20 companies. This flexible mandate — combining equity and debt capital in a single vehicle — allows the firm to tailor the capital structure to each company's specific circumstances, a meaningful differentiator in the competitive lower middle market segment. With FlexCap II's close, Granite Creek surpassed $400 million in total assets under management across all strategies. The firm subsequently raised FlexCap III at $300 million in November 2023, closing oversubscribed and demonstrating sustained LP conviction in the strategy. The FlexCap II portfolio of 16 companies included businesses such as Morrow Sodali, Veterinary Pharmaceutical Solutions, Sunset Pacific Transportation, and Odyssey Aviation. Key personnel include Co-Founder and Managing Partner Mark Radzik, who has led the firm's investment strategy since inception.

Impacta Latam VC Fund I is the debut venture capital fund of Impacta VC, a Santiago de Chile-based impact investment firm dedicated to backing early-stage founders across Latin America who are building solutions to pressing social and environmental challenges. Launched in 2021, the fund embodies a community-driven model in which 66 limited partners from six countries — approximately 80% of whom are successful founders themselves — invest alongside Impacta VC as operator-investors. This LP composition gives portfolio founders access to an exceptionally relevant peer network, with anchor LP contributors including Eduardo Della Maggiora (co-founder of Betterfly, Latin America's first social unicorn) and Matias Muchnick (co-founder of NotCo), among other prominent regional entrepreneurs. The fund's investment strategy targets early-stage startups in the seed and Series A stages across Latin America, deploying initial tickets of USD 100,000 to USD 400,000 with the capacity to invest up to USD 1 million per company over multiple follow-on rounds. Impacta VC focuses on founders with strong but progressive ambition, capital-efficient business models — particularly in SaaS and marketplace formats — and a demonstrated ability to generate measurable positive social or environmental impact alongside commercial returns. Primary sectors include agritech and sustainable food systems, inclusive financial services, health technology for underserved populations, education technology, and clean energy solutions for the Latin American market. Impacta Latam VC Fund I has built a portfolio of 11 startups, with investment highlights including Betterfly (social benefits platform, valued at USD 1 billion making it the region's first impact unicorn) and Airbag (road safety technology). As of December 2023, the fund had completed eight investments from the first fund with plans to invest in ten more before the portfolio construction phase concludes. Impacta VC subsequently partnered with Impact Ventures PSM, the impact investment team of Promotora Social Mexico, to launch Impact Ventures PSM Seed — a USD 5 million follow-on vehicle targeting pre-seed startups — extending the Impacta ecosystem's reach into Mexico and Central America.

Impact Ventures PSM Seed is a $5 million pre-seed and seed-stage impact venture fund jointly launched in February 2025 by Impacta VC, a specialist impact investment firm with offices in Santiago de Chile and Montevideo, Uruguay, in strategic alliance with Impact Ventures PSM, the private impact investment arm of Promotora Social México (PSM), a pioneering Mexican social enterprise organisation. The fund marks a significant collaboration between an established Latin American impact investor and one of Mexico's most respected social impact institutions, combining Impacta VC's investment management expertise with PSM's 30-year track record of social innovation and its deep network in Mexican civil society and corporate sectors. The fund targets pre-seed and seed-stage startups across Latin America — primarily Mexico, Chile, Colombia, Argentina, and Brazil — that are building technology-enabled solutions with measurable social or environmental impact. Target sectors include financial inclusion and fintech, digital health and healthcare access, affordable housing and proptech, sustainable agriculture and agritech, education technology, clean energy and climate solutions, and fair trade platforms. Investment ticket sizes range from $100,000 to $300,000 per startup, with a portfolio construction targeting approximately 20 companies. Investment criteria require founding teams to be full-time committed, with scalable and replicable business models in underserved markets and a strong technological component underpinning their value proposition. Impact Ventures PSM Seed is managed by co-managing partners Corinne Lebrun (Impact Ventures PSM) and David Alvo (Impacta VC), combining legal and operational expertise from both organisations. The fund has made its first confirmed investment in Preventix, a Mexican preventive health technology startup focused on cervical cancer early detection via AI-powered diagnostics. By combining Impacta VC's investment methodology — honed across its Chilean and Uruguayan portfolio — with PSM's Mexico-specific impact ecosystem relationships, the fund is positioned as one of the first dedicated impact seed vehicles serving the Mexican and broader Latin American startup ecosystem with institutional-quality investment management and rigorous impact measurement frameworks.

Injaro Ghana Venture Capital Fund (IGVCF) is a growth-stage venture fund managed by Injaro Investment Advisors Ltd (IIAL), an investment advisory firm licensed by the Ghana Securities and Exchange Commission and part of an international group that manages over USD 100 million across multiple funds with investments throughout Sub-Saharan Africa. The IGVCF is designed to address the persistent funding gap for high-growth small and medium-sized enterprises (SMEs) in Ghana and Cote d'Ivoire, deploying a flexible mix of equity, quasi-equity, and debt instruments to support established, profitable businesses with strong expansion potential. The fund achieved its final close at GHS 216 million (approximately USD 17.4 million) in December 2023, backed entirely by Ghanaian institutional investors. The fund's investment strategy targets SMEs operating across a range of economically vital sectors including mining support services, food and agribusiness, healthcare, inclusive financial services, education, industrial services, and light manufacturing. Injaro focuses on companies with proven business models, experienced management teams, and the ability to scale domestically and regionally within West Africa. Investments typically combine capital provision with active operational support through Injaro's network of sector specialists and entrepreneurs, reinforcing each portfolio company's capacity to expand, formalise, and create durable employment. The fund targets companies headquartered in Ghana with satellite operations in Cote d'Ivoire, reflecting the two-country geographic mandate. IGVCF's limited partner base is composed entirely of leading Ghanaian institutional investors including GES Pensions, Stanbic Investment Management Services (SIMS), Petra Trust, CAL Asset Management, the Venture Capital Trust Fund, MIIF, AXIS Pension Trust, and Databank — all regulated by Ghana's National Pension Regulatory Authority or the National Insurance Commission. This domestic LP base demonstrates strong institutional confidence in Injaro's management team and Ghanaian private markets more broadly. Injaro's existing portfolio includes investments in DDP (outdoor advertising), NME (packaging and recycling in Cote d'Ivoire), and Zeepay (financial services), illustrating the fund's cross-sector and cross-border diversification thesis.

Investbridge Capital Agtech Fund is a specialist venture capital vehicle launched in February 2022 by Investbridge Capital, a Dubai-based alternative asset manager with over USD 5 billion in advised and transacted deals across real estate, private credit, and venture capital. The fund was established to invest in scalable and innovative technology companies revolutionising global food production, at the intersection of software-driven agricultural transformation and climate impact mitigation. Nicholas Francis, co-founder of Unity Technologies, committed USD 10 million as cornerstone investor and joined the investment committee, bringing a track record of predicting software-adoption inflection points across major industries. The fund targets early-stage and Series A AgriTech companies applying data analytics, robotics, artificial intelligence, and precision agriculture to improve farm productivity, supply-chain efficiency, and environmental sustainability. Its investment thesis rests on two converging megatrends: the digitalisation of agriculture—one of the last industries to be transformed by software—and the global imperative to reduce the near-25% share of greenhouse gas emissions attributable to the food and agriculture sector. The fund's team combines agricultural domain expertise through advisor Keith Norman (former technical director at Velcourt, with 40 years of experience) and venture capital execution through partner Kelvin Au (Cell Capital Partners), alongside the operational network of Investbridge Capital's London and Dubai offices. The fund's portfolio includes WNWN Food Labs, a UK-based startup developing cacao-free chocolate alternatives, in which Investbridge co-invested in a USD 5.6 million Series A round in February 2023 alongside FoodLabs and other institutional investors. Additional portfolio companies include Micron Agritech and Infrascreen, both operating in precision agriculture and crop-monitoring technology. Nicholas Francis's dual role as cornerstone LP and investment committee member provides ongoing strategic input from a proven operator background in high-growth software ventures.

Investbridge Agritech VC fund is a venture capital fund managed by Investbridge Capital, the Dubai- and London-based alternative asset management and corporate advisory firm founded in 2004. The fund was launched in January 2022 with a focus on investing in the most scalable and innovative technology companies revolutionising global food production and agricultural supply chains. The fund pursues a global investment strategy in the agricultural technology sector, targeting startups and growth-stage companies that apply digital tools, precision agriculture, data analytics, and biotechnology to increase efficiency and sustainability in food systems. Investment decisions are led by a team that combines deep agricultural sector expertise with venture capital experience, and the fund benefits from the active involvement of cornerstone investor Nicholas Francis, founder of Unity Technologies, who committed USD 10 million at launch. The team is complemented by Keith Norman, who brings 40 years of agriculture and AgTech experience, and Kelvin Au, who has 15 years of experience in venture investment and high-growth operations. Investbridge Capital manages a multi-strategy alternative asset platform encompassing real estate, private credit, and venture capital, with total transaction experience exceeding USD 5 billion. The AgTech VC fund represents the firm's dedicated vehicle for capturing the structural shift towards technology-driven agriculture, as the global agritech market expands from approximately USD 24 billion in 2024 towards an estimated USD 43 billion by 2030. The fund's global mandate enables it to source deals across North America, Europe, the Middle East, and Asia Pacific, leveraging Investbridge Capital's dual-hub network in Dubai and London.

Investbridge Capital AgTech Fund is a venture capital fund managed by Investbridge Capital, a Dubai- and London-headquartered alternative asset management and corporate advisory firm established in 2004. The fund is listed on PitchBook under the profile identifier 21121-48F and represents Investbridge Capital's dedicated vehicle for agricultural technology investment. The fund focuses on early-to-growth stage venture investments in companies developing transformative technologies for the agricultural value chain, including precision farming, crop science, food technology, agricultural robotics, water management, and digital platforms connecting farmers to markets. Investbridge Capital brings a global deal-sourcing network and operational expertise across its multi-asset-class platform, which spans real estate, private credit, and venture capital with aggregate transaction experience exceeding USD 5 billion. Investbridge Capital AgTech Fund forms part of a broader agricultural technology investment initiative by the firm, launched in early 2022 alongside the Investbridge Agritech VC fund. The firm engaged Nicholas Francis, founder of Unity Technologies, as a cornerstone investor committed to USD 10 million, and assembled a management team with over 40 years of combined agricultural sector and VC experience. The fund targets the expanding global agritech market, which industry analysts project will grow from approximately USD 24 billion in 2024 to nearly USD 43 billion by 2030, driven by the urgent need for more sustainable and productive food systems.

The Libra Hybrid Capital Fund is a private credit vehicle launched by Granite Asia, a Singapore-based multi-asset investment platform. The fund has secured over US$250 million in anchor commitments from leading Asian sovereign wealth funds, general partners, and a network of founders and entrepreneurs. With a target size of US$500 million, the fund aims to provide non-dilutive capital to mid-market companies across the Asia-Pacific region. Libra focuses on offering secured loans with a defensive risk profile, targeting established businesses that are profitable or have positive cash flow. These companies span various sectors, including those undergoing digital transformation or pursuing growth through acquisitions. The fund leverages Granite Asia's technology ecosystem and operational expertise to deliver stable cash yields and enhanced returns. Managed by partners Ming Eng and Roger Zhang, the fund is part of Granite Asia's broader strategy to support a diverse range of businesses that form the backbone of Asia's economy. By providing flexible, non-dilutive financing solutions, Libra aims to bridge funding gaps for companies scaling within and across the region.

Lios Fund I is the inaugural private equity fund raised by Power Sustainable Lios, a specialized agri-food investment platform and wholly-owned subsidiary of Power Sustainable, itself a subsidiary of Power Corporation of Canada (TSX: POW). The fund was launched in early 2022 and achieved an initial close of CAD 210 million in June 2022 before reaching its final close at CAD 285 million — slightly below its original CAD 300 million target — in mid-2024. The investor base includes a distinguished group of Canadian and international institutions: The Canada Life Assurance Company, Farm Credit Canada, Export Development Canada, Fonds de solidarite FTQ, Fondaction (CSN), BMO Capital Partners, CIBC, leading pension funds, large corporations, family offices and strategic investors. The fund is managed from Power Sustainable Lios's offices in Toronto and Montreal, with McCarthy Tetrault LLP serving as fund counsel. Lios Fund I targets profitable, growth-oriented mid-market companies operating across the North American food value chain, with revenues typically up to approximately CAD 250 million. The fund pursues majority ownership or meaningful minority positions, deploying individual investment cheques of CAD 25-70 million with a five-to-seven year investment horizon. The mandate concentrates on three segments: food production (including sustainable agriculture and vertical farming), manufacturing, and distribution and retail. A defining feature is the fund's ESG orientation — it explicitly prioritises companies embracing sustainability practices, reducing environmental impact and building food system resilience, consistent with Power Sustainable's broader mission as an impact-oriented asset manager. The team is led by Managing Partner Jonathan Belair, who brings over 20 years of food and agriculture investing experience including senior roles at McCain Foods. As of the fund's 2024 annual update, Lios Fund I had deployed over 30% of committed capital across three platform investments: Food Cycle Science (food waste reduction solutions), Private Brand Consortium (value-added food distribution including baby foods, snacks and plant-based beverages), and GoodLeaf Farms (Canada's leading commercial vertical farming platform for leafy greens and microgreens). These investments illustrate the fund's thesis across the food value chain — from waste reduction technology to processing and production. Power Sustainable Lios is positioned as a long-term institutional partner to management teams building resilient, sustainable food businesses across North America, supported by the resources and relationships of the broader Power Corporation ecosystem.

Marathon Venture Capital Fund III is the third flagship fund managed by Marathon Venture Capital, the foremost seed-stage venture capital firm headquartered in Athens, Greece. The fund reached its final close in May 2025 at €75 million in an oversubscribed single closing, underscoring strong institutional confidence in Marathon VC's thesis of backing Greek technology entrepreneurs building globally competitive companies from Southern Europe. The fund was supported by anchor commitments of €20 million each from the European Investment Fund (EIF) and the Hellenic Development Bank of Investments (HDBI), alongside corporate and private investors from Greece and international markets. The oversubscription reflects Marathon VC's growing reputation as the leading gateway to the Greek technology ecosystem, with the fund raising Marathon VC's cumulative assets under management above €170 million across three successive funds. Fund III deploys early-stage capital into approximately 15 technology companies founded by Greek entrepreneurs operating across Europe and globally, continuing Marathon VC's core thesis that differentiated technical talent and a lean operating culture in Southern Europe can generate outsized returns in B2B technology markets. Target investment sectors include IT infrastructure, cybersecurity, artificial intelligence, agricultural technology, defense technology, and deep tech. Marathon VC invests at the seed stage, acting as lead investor and taking active board roles, and leverages its extensive network within the Greek diaspora — particularly in the United States and Western Europe — to support portfolio companies with international expansion, customer development, and follow-on fundraising. The fund continues the progression of Marathon VC's strategy from its first fund (2017, technology generalist) through Fund II (2020, subsequently expanded to €70 million) toward deeper focus on technical and hard-to-replicate intellectual property. Marathon Venture Capital was founded in 2012 and has established a track record of backing several of Greece's most successful technology companies across its prior two funds. Portfolio companies from Marathon's previous funds have gone on to raise significant follow-on capital at international valuations and achieve meaningful product-market fit in global B2B markets. The fund was established at a time when Greece's technology ecosystem had reached an inflection point, with multiple Athens-based startups achieving venture funding from top-tier international investors and a growing pipeline of technically sophisticated founders emerging from Greek universities and the diaspora. Fund III builds on this foundation with a broader mandate to support deep-tech and frontier sectors — including defense technology and agricultural automation — reflecting Marathon VC's evolution toward harder-to-replicate competitive advantages in a global market shaped by AI, quantum computing, and autonomous systems.

The Mastercard Foundation Africa Growth Fund is a $200 million Fund-of-Funds initiative that supports African-owned and African-led investment vehicles. These vehicles finance early-stage and growth-oriented small and medium-sized enterprises (SMEs) with the aim of fostering inclusive economic development across sub-Saharan Africa. The Fund is deeply focused on enabling dignified and fulfilling work opportunities for young people, especially young women. It accomplishes this by de-risking and strengthening impact investment vehicles that are committed to gender equity and social inclusion. Since its launch in 2022, the Fund has backed 18 investment vehicles operating in 12 African countries, facilitating financing for 49 SMEs and creating more than 2,500 full-time jobs—over 1,100 of which are held by women. Through this structure, the Fund not only boosts access to capital for underrepresented entrepreneurs but also builds the long-term capacity of Africa’s investment ecosystem.

Material Impact Fund III is a $352 million venture capital fund managed by Material Impact, a Boston-based investment firm co-founded by Carmichael Roberts and Adam Sharkawy. The fund is the firm's third flagship vehicle, designed to back inception-stage companies that leverage breakthrough innovations in materials science to address large-scale global challenges. Fund III closed in 2023, oversubscribed against its $325 million target, attracting capital from university endowments, family offices, foundations, and fund-of-funds, and bringing Material Impact's total assets under management to approximately $800 million across more than 30 portfolio companies. Fund III targets companies at the earliest stages of formation—typically engaging with founders before or shortly after their first institutional round. Material Impact's thesis centers on materials science as a foundational enabler across multiple industries: breakthrough advances in physical matter—from new polymers and bio-inspired composites to next-generation semiconductors—unlock step-change improvements in food and water security, sustainable manufacturing, healthcare delivery, artificial intelligence hardware, robotics, data storage, and transportation. Portfolio companies receive not only capital but strategic support from Material Impact's deep industrial networks, enabling them to navigate the complex path from lab-scale innovation to commercial production at scale across demanding industrial and consumer markets. With Fund III, Material Impact has established itself as the leading specialist investor in material-science-enabled inception-stage ventures—a category it defines and anchors in Boston's deep-tech ecosystem. The fund expands investment scope to include underrepresented healthcare applications and climate-linked sustainable manufacturing, reflecting the firm's conviction that materials science breakthroughs are foundational to both the digital and the green economy. Notable focus areas include biomanufacturing, sustainable packaging, AI hardware substrates, next-generation energy storage materials, and advanced diagnostics—sectors where material innovation is the rate-limiting step to commercial scale and where Material Impact's scientific network provides a decisive sourcing and diligence advantage.

McWin Food Tech Fund I is a €250 million venture capital vehicle launched by McWin Capital Partners in June 2022, focused exclusively on the food technology and agtech sectors. McWin Capital Partners was co-founded by Henry McGovern, founder and former CEO of AmRest Holdings, and Steven K. Winegar, a veteran food service entrepreneur, who bring decades of hands-on operational experience and founder networks to early-stage and growth-stage companies disrupting how the world produces, processes, distributes and consumes food. The fund targets 15–20 portfolio companies spanning the full food value chain — from agricultural inputs, precision farming and agtech innovation through food production, supply chain logistics and consumer-facing food brands and delivery platforms. Capital commitments come from institutional investors, family offices and high-net-worth individuals who share McWin's thesis that sustainable innovation across the global food system represents one of the defining investment opportunities of the coming decade. McWin Capital Partners also manages the Food Ecosystem Fund (€260 million, 2021 vintage), focused on food service operations and hospitality, creating a complementary platform covering both food technology and food service at scale. McWin Food Tech Fund I is closed and deploying capital across its portfolio. Investments include The EVERY Company (precision fermentation proteins), EcoRobotix (AI-powered precision spraying robots for sustainable agriculture), Elephantskin (sustainable protective workwear), Flat Iron (London-based premium steak restaurant group, majority investment co-led with TriSpan), Nuritas (AI-driven bioactive protein discovery platform) and Catcher (last-mile food delivery logistics). The portfolio reflects McWin's conviction that technology-driven sustainability will reshape every layer of the food industry.

The Climate Fund for Nature is an impact investment fund managed by the Natural Capital team of Mirova, a subsidiary of Natixis Investment Managers dedicated entirely to sustainable investing. The fund was initiated by Kering and L'Occitane Group, announced in December 2022 at COP15 — the UN Convention on Biological Diversity — in Montréal, and began operations in the first quarter of 2023. It is structured as a French alternative investment fund (société par actions simplifiée à capital variable) targeting €300 million in total commitments from corporate investors across sectors including luxury goods, beauty, services, agri-food, and communications. The fund's strategy focuses on financing high-quality nature-based solutions projects dedicated to protecting and restoring nature in emerging markets, and supporting farmers in transitioning to regenerative agriculture. Investment activities span afforestation, reforestation, mangrove restoration, natural regeneration, agroforestry, and conservation of key natural ecosystems in Latin America, Africa, and Southeast Asia. Projects generate verified carbon credits (VCUs) and biodiversity co-benefits for local communities, with a distinctive emphasis on women's economic independence developed in collaboration with the 2X Collaborative. The fund held its first close in February 2023, anchored by founding corporate investors Kering and L'Occitane Group with a combined commitment of approximately €140 million. A second close was reached in March 2024 at €195 million (approximately USD $213 million), with new investors Capgemini, Unibail-Rodamco-Westfield, and Groupe Mane joining the coalition. The €300 million target remains open to additional corporate partners. Unlike traditional PE funds, all LPs are corporate strategic investors — companies seeking to meet nature-related sustainability commitments through direct investment in verified conservation and restoration projects.

Mirova Environment Acceleration Capital (MEAC) is an impact-oriented private equity fund managed by Mirova, the responsible investment affiliate of Natixis Investment Managers based in Paris. Launched in 2021 with a target of €300 million, MEAC completed its final closing in September 2024 after raising €211 million in commitments from institutional and private client investors across Europe, with approximately 30 percent of commitments sourced from private wealth channels drawn to the fund's multi-thematic environmental approach. The fund is registered as a European Long-Term Investment Fund (ELTIF), enabling eligible retail and institutional investors across EU jurisdictions to access a private equity impact strategy aligned with nine UN Sustainable Development Goals. MEAC targets growth-stage European and North American companies building innovative solutions to critical environmental challenges, deploying investment tickets ranging from €5 million to €30 million per transaction and focusing on companies with enterprise values between €20 million and €400 million. The fund employs a flexible private equity approach that includes minority stakes, majority acquisitions, co-investments, and secondary market transactions, enabling engagement at multiple phases of a company's development cycle. Investment is organized across five environmental pillars: clean energy, circular economy, natural resource management, agri-food technology, and smart cities and energy efficiency — sectors where Mirova's team has built deep domain expertise over more than a decade of responsible and impact investing. By the time of the September 2024 final close, MEAC had invested more than €80 million across ten portfolio companies in Europe and North America, demonstrating the viability of combining commercial growth with measurable environmental impact. The fund was recognized as Fund of the Year – Private Equity at the Environmental Finance Impact Awards in 2023. Portfolio company OpenAirlines, an aviation fuel optimization platform, received investment in November 2024, adding to a portfolio of European businesses accelerating the environmental transition in energy, food systems, circular materials, and smart urban infrastructure.

Miura Fund IV is the fourth flagship buyout fund of Miura Partners, a Barcelona-based private equity firm founded in 2007 by Luis Seguí and Juan Leach. The fund closed at its hard cap of €475 million in September 2024 — 44% larger than its predecessor Miura Fund III (€330 million) — and received commitments from institutional investors across Europe, North America, and Asia, including over €259 million from new entrants to the Miura platform. The fund is registered with Spain's CNMV (Comisión Nacional del Mercado de Valores) as Miura Fund IV, FCR (Fondo de Capital Riesgo), with Banco Inversis as depository. Miura Fund IV pursues control-oriented mid-market buyouts in Spain and Portugal, targeting established family-owned businesses and SMEs in niche sectors with defensible market positions. Equity investments typically range from €20 to €50 million per company, with co-investment opportunities available for larger transactions. Value creation is pursued through three core levers: consolidation of fragmented industry sectors through strategic acquisitions, internationalization of Iberian market leaders into broader European markets, and organic operational improvement initiatives. Target sectors include healthcare services, education, specialized business services, consumer goods, agri-food, industrial niches, and hospitality — areas where Miura has built deep expertise and a proven track record across 16 years of investing in Southern Europe. Miura Partners manages over €1.5 billion in assets across all strategies and has completed more than 70 investments since its first fund in 2008, representing over €3 billion in total transaction value. Fund IV's initial investments included Serpis-Cándido Miró, a Spanish leader in branded and unbranded olive distribution, and Proclinic Group, the leading specialized dental supply distributor across Spain and Europe — exemplifying the fund's strategy of consolidating and scaling niche market leaders. In 2024, Miura raised over €800 million across three strategies (Fund IV, the Miura Impact Fund, and Dent&Co continuation vehicle), cementing its position as one of Southern Europe's most active and institutionally recognized private equity managers.

1GT is a climate-focused private equity fund managed by Morgan Stanley Investment Management (MSIM), one of the world's leading alternative investment managers with over $240 billion in alternative assets under management. Launched in 2022 under MSIM's alternatives platform, 1GT takes its name from its defining mission: to collectively avoid or remove one gigaton of carbon dioxide-equivalent (CO2e) emissions from the Earth's atmosphere from the date of investment through 2050. The fund held its first close in May 2023 at $500 million and reached a final close in September 2024 at $750 million in equity capital commitments, drawing institutional support from leading investors in Europe, Japan and North America. 1GT targets growth-oriented investments in private companies across North America and Europe that operate in five climate-critical sectors: clean mobility, power, sustainable food and agriculture, and the circular economy. The fund is structured as a growth equity vehicle, partnering with expansion-stage companies at the point where meaningful scale can deliver both outsized emissions impact and superior financial returns. A unique feature of 1GT's incentive structure is that half of the investment team's carried interest is directly tied to achieving the one-gigaton carbon-reduction target by 2050, aligning the team's compensation with climate outcomes rather than financial performance alone. MSIM leverages its global platform and corporate relationships to support portfolio companies in pursuing earnings growth, multiple expansion, and enhanced exit potential. Since launch, 1GT has deployed capital across a growing portfolio of climate-positive businesses. Notable investments include Instagrid, a German manufacturer of high-performance portable battery systems enabling the electrification of construction worksites; Huel, the UK-based sustainable nutrition brand producing complete foods with a significantly lower carbon footprint than conventional diets; and Everstream Analytics, a supply chain intelligence platform that helps multinational corporations reduce emissions through optimized routing and responsible sourcing. These investments demonstrate 1GT's core thesis: that disciplined financial underwriting and measurable climate impact are mutually reinforcing objectives that, when properly structured, produce superior risk-adjusted returns.

The New Agriculture Landscape Opportunities Fund (NALOF) is a 12-year closed-end real assets fund managed by New Agriculture, the dedicated agricultural investment division of New Forests Asset Management, a specialist natural capital investment manager founded in 2005 and headquartered in Sydney, Australia. Targeting A$750 million in institutional capital, NALOF began raising in April 2025 and expected its first close in Q1 2026. The fund is built on the Lawson Grains portfolio — a 100,000-hectare broadacre cropping aggregation in New South Wales that New Forests assembled when New Agriculture was formally launched in August 2022 as a standalone agricultural investment platform. New Agriculture managed over A$1.5 billion in agricultural assets across 3.1 million hectares as of the fund launch announcement. NALOF deploys a whole-of-landscape investment approach that treats agricultural land, environmental markets, and natural capital as complementary revenue streams within a single real-asset strategy. The fund acquires and actively manages diversified agricultural properties across Australia and New Zealand — including broadacre cropping, beef and sheep livestock operations, and irrigated horticulture — while simultaneously developing environmental market projects eligible under the Australian Carbon Credit Unit (ACCU) framework, biodiversity certificates, renewable energy siting opportunities, and conservation covenants on properties with significant habitat or water catchment attributes. This multi-revenue-stream structure is designed to generate a targeted internal rate of return of 9 to 11 per cent, blending traditional agricultural cash yields with environmental market income to enhance risk-adjusted performance relative to single-use farmland vehicles, while contributing to measurable landscape restoration and decarbonisation outcomes. New Forests Asset Management has two decades of experience in natural capital investment, having managed timberland, sustainable forestry, and environmental market strategies across the Asia-Pacific region since 2005. Its predecessor agriculture-adjacent strategy, the Australia New Zealand Landscapes and Forestry Fund (ANZLAFF), raised approximately A$600 million and demonstrated the viability of integrating income-producing land assets with environmental market revenue generation across Australian agricultural landscapes. NALOF applies the same landscape-integrated investment philosophy, adapted specifically to the agricultural context and the growing depth of Australia's carbon, biodiversity, and renewable energy markets. The fund represents New Forests' conviction that agricultural real assets are increasingly compelling for institutional investors seeking inflation-linked income, natural capital exposure, and measurable impact outcomes within a 12-year closed-end structure.

New Agriculture Landscapes Strategy is a 12-year closed-end fund managed by New Agriculture, a specialist sustainable agricultural investment platform and subsidiary of New Forests Asset Management, a Sydney-headquartered global real assets investment manager. Launched in 2025 as New Agriculture's inaugural standalone institutional vehicle, the fund targets an A␕750 million raise from institutional investors seeking long-term exposure to sustainable agricultural real estate across Australia and New Zealand. The strategy represents the natural scaling of New Agriculture's integrated land management thesis, which combines agricultural production with natural capital outcomes at landscape scale. The fund pursues an integrated sustainable land use model that combines natural vegetation, agriculture, and forestry as co-located operational assets across four primary agricultural verticals: rain-fed and irrigated row cropping, horticulture, livestock, and related agricultural infrastructure. The strategy targets a net internal rate of return of 9–12% over the fund's 12-year life, with capital deployed across agricultural assets that optimise yields, diversify revenue streams, and increase asset values while accessing environmental markets including carbon credits, biodiversity offsets, renewable energy, and conservation covenants. New Agriculture's approach is anchored by its existing management of over A␕1.5 billion in assets across 3.1 million hectares, including the foundational Lawson Grains portfolio spanning over 120,000 hectares of productive cropping regions in New South Wales and Western Australia. New Agriculture has operated since 2022 as a specialist platform within the New Forests group, with foundational institutional commitments from the Alberta Investment Management Corporation (AIMCo), one of Canada's largest public pension managers and a benchmark-setter for sustainable real assets investing. This institutional validation reflects the fund's positioning at the intersection of traditional agricultural real estate and impact investing, targeting both financial returns and quantifiable natural capital outcomes. The 12-year closed-end structure aligns manager incentives with the long-term investment horizons of pension funds, sovereign wealth funds, and insurance companies seeking durable real asset exposure with embedded sustainability characteristics.

The African Forestry Impact Platform (AFIP) is a long-term impact investment platform co-developed by New Forests, an Australian-headquartered global forest investment manager, to channel development finance and institutional capital into sustainable commercial forestry in Sub-Saharan Africa. AFIP held its first close in October 2022 at $200 million, anchored by three development finance institutions: British International Investment (BII, $75 million), Norfund ($76 million), and Finnfund ($48 million). The platform targets a total fund size of $500 million to be deployed over two to three years across the Sub-Saharan Africa region. AFIP is registered in Singapore as a Variable Capital Company (VCC), reflecting the fund's international investor base and operational structure. AFIP invests in a portfolio of plantation forestry operating companies and related assets across Sub-Saharan Africa, primarily targeting established assets with expectations of stable and predictable cash flows across diversified markets. The investment strategy emphasizes commercial plantation forest expansion while also supporting the conservation and restoration of degraded lands. The platform is guided by four pillars of impact: climate change mitigation through carbon sequestration, biodiversity conservation, gender and diversity integration, and community livelihoods improvement. AFIP is committed to deploying at least 30 percent of its portfolio value in 2X-eligible investments to promote inclusive economic opportunities for women. At its inaugural acquisition, AFIP took a position in Green Resources AS (GRAS), East Africa's largest forestry development and wood processing company with approximately 171,000 hectares under management. This first investment established the platform's geographic diversification across multiple East African markets. AFIP is managed by New Forests, which has over $8 billion in assets under management globally across its forest investment strategies in Australia, New Zealand, Asia, and now Africa, building on 20 years of sustainable forest management experience.