Rabobank said May 15 that it has launched the Rabo Food & Agri Innovation Fund, part of Rabo Private Equity. The size of the fund was not disclosed. The fund will invest in early-stage food and agriculture companies in the United States and Western Europe.
NEW YORK–(BUSINESS WIRE)–Today, Rabobank is announcing the launch of the Rabo Food & Agri Innovation Fund, part of Rabo Private Equity. The fund will invest in high-potential, early-stage food and agriculture companies in the United States and Western Europe. Through the fund, Rabobank aims to promote innovation in the food and agriculture sectors.
“The Rabobank Food & Agri Fund focuses on companies that are aligned to Rabobank’s Banking for Food strategy. This strategy focuses on contributing to food security in the context of a rapidly growing world population, changing demographics and consumption patterns and an increasingly complex food system,” says Lizette Sint, Global Head of Rabo Private Equity.
“We consider investments all along the food and agriculture value chain, with a particular focus on ambitious companies that operate in sectors in which we can optimally leverage Rabobank’s knowledge, expertise, network and position to help create shareholder value,” says Richard O’Gorman, who leads the investment initiative as part of Rabo Private Equity.
The fund’s investments will consist of more than just financial support. In addition to Rabobank’s role as a close investment partner, the selected companies will enjoy full access to Rabobank’s food and agriculture experts and networks with the goal of building long term value together.
The Rabo Food & Agri Innovation Fund is complementary to the other activities the bank supports in the food and agri space, including its indirect investments in strategic venture capital and private equity funds.
For more information about the Rabobank Food & Agri Innovation Fund, please visit www.rfaif.com.
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, and real estate services in more than 40 countries worldwide. Founded over a century ago, Rabobank today is one of the world’s largest banks with over $750 billion in assets. In the Americas, Rabobank is a premier bank to the food, agribusiness and beverage industry, providing sector expertise, strategic counsel and tailored financial solutions to clients across the entire food value chain. Additional information is available on our Rabobank North America Wholesale website or on our social media platforms, including Twitter and LinkedIn.