Indian Bank Launches Agribiz Private Equity Fund

Jun 5 2007 | 10:41am ET

Indian bank Yes Bank has launched what it calls the country’s first food and agribusiness private equity fund with US$100 million.

The YES Food & Agribusiness India Fund will take minority positions through expansion capital investments of between US$5 million and US$7.5 million, focusing on a wide variety of food and agricultural companies. According to the firm, target companies will range from fruits and vegetables, milk products, alcohol and food services and retail, among others. The fund will be managed by Sonal Shah, senior director of Agribusiness Funds Management.

“Food and agriculture is a segment which offers great untapped investment potential with various factors furthering its growth, such as rapid economic development and new business opportunities,” Yes CEO Rana Kapoor said.

The fund is targeting annualized returns of 20% to 25%.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note