Paine Schwartz Partners, a NYC-based private equity firm which specializes in sustainable food chain investing, closed its $1.7M Billion food and agribusiness-focused Fund VI.
Fund VI, which is the largest fund dedicated to investing across the food and agribusiness value chain, attracted a diverse array of real asset, private equity and impact-oriented investors, including pension funds, sovereign wealth funds, endowments/foundations, family offices and other investors.
Fund VI is exclusively focused on sustainable investments in the food and agribusiness sector. Paine Schwartz has already deployed approximately 40% of Fund VI, including investments in AgroFresh Solutions, Costa Group, Elemental Enzymes, HGS BioScience and Monterey Mushrooms. The firm will continue to seek attractive and actionable investment opportunities for Fund VI across two core themes:
- Productivity and sustainability: businesses that enhance agricultural productivity while limiting resource consumption; and
- Health and wellness: businesses that provide access to healthier, more nutritious and safer food.
With the vehicle, the firm will seek to embed its strong Environmental, Social and Governance platform across its investments to simultaneously drive growth and make a positive impact through responsible investment practices.
Led by CEO Kevin Schwartz, Paine Schwartz Partners is a private equity firm focused on investment opportunities in the fast-growing, dynamic global food and agribusiness sectors. The firm’s investment, operations and finance professionals invest throughout cycles across the food and agribusiness value chain, and bring a collaborative and active management approach to portfolio companies. Paine Schwartz currently has $5.7 billion of assets under management and the team comprises over 60 employees and advisors with domain expertise operating on a fully integrated basis.
FinSMEs
26/09/2023