Food & Beverages

ABC Impact is a Singapore-headquartered impact private equity firm and one of Asia's largest dedicated impact investors. Founded in 2019 as a member of Temasek Trust Asset Management, the firm focuses on growth equity investments in companies delivering positive, measurable social and environmental outcomes alongside compelling risk-adjusted financial returns. It was established with anchor backing from Temasek Trust, Temasek, Pavilion Capital, Mapletree Investments, SeaTown Holdings, Sembcorp Industries, and Singapore Power, and has grown to manage over USD 900 million in assets under management across its two funds. ABC Impact is a signatory to the UN Principles for Responsible Investment (PRI) and the Operating Principles for Impact Management, a member of the Global Impact Investing Network (GIIN), and has its impact measurement independently verified by BlueMark. ABC Impact Fund II pursues a disciplined, thematic growth equity strategy targeting high-potential businesses across four priority sectors: clean energy and climate resilience; inclusive finance and digital access; healthcare and education; and sustainable food systems. The fund invests with a pan-Asia geographic mandate, emphasising market-led approaches in areas where conventional development models have historically underserved populations at scale. Investments announced for Fund II include Aye Finance (India), which provides loans to micro and small enterprises; Tekoma Energy (Japan), a renewable solar project developer; and DCDC Kidney Care (India), one of the country's largest dialysis networks delivering affordable treatment to underserved patients. The fund's LP base reflects both development finance institutions and institutional investors, including the Asian Development Bank, Temasek Trust, Temasek, Mapletree Investments, SeaTown Holdings, a Southeast Asian sovereign wealth fund, and a U.S. family office. ABC Impact's track record begins with its inaugural USD 300 million Fund I (2019), which invested across 11 portfolio companies and reported measurable outcomes including supply of essential services to over 20.26 million people and avoidance of 1.68 million metric tonnes of CO2 emissions. Fund I achieved a notable exit from Sunseap, a Singapore-based solar developer, in 2022. Fund II held its first close in January 2024 at over USD 550 million and reached a final close of over USD 600 million on 14 April 2025, doubling the size of its predecessor. The final close attracted new limited partners including the Asian Development Bank (USD 20 million commitment) and Temasek Trust, underscoring the firm's growing institutional credibility and reflecting strong demand for Asia-focused, institutional-grade impact investing.

Arbor Investments VI is the sixth equity fund raised by Arbor Investments, a Palm Beach-based private equity firm and one of the longest-standing specialist investors in the North American food and beverage sector. The fund achieved final close with over $1.2 billion in capital commitments across the main fund and parallel vehicle Arbor Investments VI-A, bringing total firm assets under management to approximately $3.1 billion as of early 2024. The fund is a successor to Arbor Investments V, which raised $1.5 billion in 2020, and represents Arbor's continued exclusive focus on the food and beverage industry over its 26-year investment history. Arbor Investments VI pursues control-oriented buyout investments in mid-market food, beverage, food packaging, and food service companies in the United States. The fund targets businesses benefiting from durable consumer demand, where Arbor's deep sector knowledge and established supplier, retailer, and distribution relationships can drive operational improvements, brand building, and strategic add-on acquisitions. Founder Gregory Purcell and the Arbor team bring over two decades of food sector specialization, enabling the firm to evaluate proprietary deal flow and create value in niche markets inaccessible to generalist private equity buyers. Arbor Investments VI launched with the recapitalization of Rubix Foods, a culinary science and innovative flavors provider formerly known as Darifair Foods. Subsequent investments include Furlani Foods and Acxion Foodservice. The fund continues Arbor's track record as a distinctive specialist vehicle in the mid-market buyout landscape, with exclusive sector focus differentiating the firm's sourcing and value creation capabilities from generalist competitors.

The Avendus Future Leaders Fund III is seeking to raise about $300 million for its private equity unit, with plans to write larger checks more frequently. The firm's third private equity fund aims to target growth-stage startups, as evidenced by its previous work with companies like Zepto, Lenskart, Xpressbees, CaratLane, and Atomberg. This represents a shift from its earlier fund sizes, with its second fund totaling around $185 million and its maiden fund at $50 million in size. Target sectors include information technology, insurance, food product, apparel, accessory, asset management and fintech sectors. The fund is designed to create value for its investors by investing opportunistically in ‘best of breed’ late stage private companies. The fund pursues a unique and differentiated strategy by focusing primarily on opportunistic situations for investment. The Fund is indifferent between primary and secondary investments and offers a quick turnaround to companies/ entrepreneurs. Investment Size: USD 10-30 million per transaction, minority stake.

ECP Growth, formerly known as Emil Capital Partners, is a growth-stage investment firm dedicated to partnering with entrepreneurial businesses that create innovative products, solutions, and technologies within the consumer value chain. Established in 2011 in collaboration with the Tengelmann Group, a 150-year-old family-owned holding company, ECP Growth leverages deep industry expertise to support companies in navigating complex growth challenges. With the recent close of its $100 million Fund IV, ECP Growth aims to invest in high-potential companies situated at the intersection of significant market transformations and evolving consumer needs. The firm adopts a thematic investment approach, focusing on sectors that enhance human mobility across life stages, deliver personalized health and wellness experiences, and optimize resource efficiency in daily living. ECP Growth typically partners with companies generating over $10 million in revenue, offering investment sizes ranging from $5 million to $20 million. The firm emphasizes businesses that demonstrate a clear path to profitability within 18 months, ensuring both immediate growth potential and sustainable long-term value.

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.

INVL Baltic Sea Growth Fund, managed by INVL Asset Management, is a closed-end private equity fund launched in June 2018 with committed capital of €164.7 million. The fund invests in late-stage growth SMEs and small to mid-cap companies, acquiring either controlling or significant minority stakes. Typical equity investments range from €5 million to €25 million, with capacity for larger deals via co-investments. Target companies are generally valued between €10 million and €100 million. The fund focuses on businesses with strong potential to become industry leaders in their respective sectors. Core geographies include the Baltic States and Poland, while investment scope extends across the broader European Union. INVL Baltic Sea Growth Fund specializes in complex transactions, providing customized capital solutions for companies undergoing structural, strategic, or ownership transitions. It supports growth through a combination of organic expansion, acquisitions, and active value creation initiatives. Taking an active ownership approach, the fund works closely with management teams to align long-term goals and drive transformation. It typically invests by acquiring stakes from existing shareholders and providing growth capital. With an ESG-integrated investment model and a hands-on strategy, INVL Baltic Sea Growth Fund helps its portfolio companies scale operations, increase efficiency, and execute cross-border expansion strategies.

L Catterton India Fund I marks the firm’s first India-dedicated investment vehicle focused exclusively on the consumer sector. Backed by LVMH and co-led by Sanjiv Mehta (former CEO of Hindustan Unilever), the fund aims to capitalize on India’s fast-growing consumption trends. Launched in 2024, the fund operates as a determinate close-ended trust registered under SEBI's Category II AIF regime, reflecting strong compliance and governance standards. With a fundraising target of $600 million, the fund achieved a first close of $200 million in September 2025. Key anchor commitments include International Finance Corporation (IFC) with $30 million, and clients of Kotak Private. The fund also has a green-shoe option of an additional $200 million, potentially increasing the total fund size to $800 million. The fund will deploy capital across 7 to 9 mid-stage companies, with investment tickets ranging from $25 million to $150 million. L Catterton India Fund I will focus on high-growth consumer sub-sectors such as food & beverage, consumer services (including healthcare), retail & restaurants, and consumer brands. Its strategy aligns with India’s expanding middle class and rising disposable incomes. L Catterton India Fund I leverages the global private equity expertise of L Catterton and the local leadership of Sanjiv Mehta. Backed by institutional LPs like IFC and supported by distribution through Kotak Private, the fund combines capital with operational value-add to help Indian consumer companies scale both locally and internationally. The fund’s value proposition is centered on growth acceleration and brand building.

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.

Mediterrania Capital IV Mid Cap (MC IV) is a private equity fund managed by Mediterrania Capital Partners, focusing on growth investments in mid-cap companies across North Africa and Francophone Sub-Saharan Africa. With a target fund size of €350 million, MC IV aims to support businesses with strong growth potential and established market positions. The fund seeks to invest in sectors crucial for the region's development, including healthcare, education, financial services, consumer goods, and manufacturing. By providing both capital and strategic support, MC IV assists companies in scaling operations, enhancing governance, and expanding into new markets. MC IV is committed to responsible investing, integrating environmental, social, and governance (ESG) considerations into its investment process. The fund also emphasizes gender diversity, aligning with the 2X Challenge by aiming for a significant portion of its portfolio to meet gender inclusion criteria.