ADM Capital has held the $100m first close for its agribusiness investment fund.
Cibus Fund will focus on mid-market sustainable food processing and production companies primarily in Europe and Australasia.
Arch Capital Group made a significant contribution to the fund, which the firm expects to hold a final close of $500m in 2018.
ADM hopes to take advantage of global demographic changes, shifting trade patterns and the inability growing economies to meet regional demand for foods.
This vehicle will also look for growth capital opportunities where food and agriculture is likely to have technical and innovation advances.
ADM Capital Agriculture head Jason Silm said, “The demand for high-value foods from emerging markets is driving significant opportunities for mid-market food companies predominantly domiciled in Europe and Australasia.”