Thursday, 28 August 2014
Last updated 16 min ago
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%.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...