Newswire Reuters said Black River Capital Partners (Food) Fund gained half its $400m target in commitments and would invest about half the money in China.
Black River Asset Management, the investment unit of US crops company Cargill, is reportedly raising a $400m fund to invest in companies that will benefit from rising Asian demand for meat and vegetables.
Newswire Reuters said Black River Capital Partners (Food) Fund gained half its target in commitments and would invest about half the money in China.
"GDP [gross domestic product] growth is driving food consumption in emerging markets (and) the demand for safe and high quality food, against…