Sector: Food and agribusiness
Domicile: South Africa
Commitment (MNOK) as of 31.12.2016: 1
Original Commitment (MNOK): 7
Agri-Vie is a private equity investment fund focused on food and agribusiness in Sub-Sahara Africa, a foundational sector of the continent’s economies. Agri- Vie harnesses private equity investment disciplines to generate above-average investment returns, while also addressing development impact challenges.
The fund’s geographical scope is Sub-Saharan Africa and the investments are made in the whole value chain of the agricultural, forestry and aquaculture sectors.
Initiated by the Agri-Vie investment team and Sanlam Private Equity with the cooperation of South African and international investors as well as the Makotulo Consortium, Agri-Vie has consistently grown its role as a trusted investment partner in food & agribusiness.
Since inception in 2008, we’ve invested USD 100m in the food and agribusiness sector. Recognising value, or the potential for value, is our business. This ability, combined with the right mix of capital, time and business building expertise, enables us to unlock value for investors, while positively impacting on communities and their environment.
The fund’s main investment focus is on the value added components of the agricultural value chain involving processing, distribution, marketing and branding as well as services. While the Fund has some exposure to early stage businesses, its main focus is on later stage investments where capital is allocated to the development and expansion of existing ventures.
An estimated 25% of rural household incomes in SSA originate from employment in agribusiness activity, either through formal or informal/ self-employment. Investments into this sector will, therefore, have a direct impact on employment.
In February 2017, the first close of the second Agri-Vie Fund was announced. This second fund will also be focused on the food and agribusiness sector in Sub-Saharan Africa.