Eos Capital launches new fund
Eos Capital’s new fund aims to address the challenges faced by the local agriculture sector and to focus on boosting its productivity and sustainability by means of an unlisted manager solution.
Staff Reporter - Private equity firm Eos Capital this week, the Euphrates Agriculture Fund, to facilitate the industrialisation of the agriculture sector, deliver social impact and provide medium-term returns to investors.
The fund’s target is to raise N$500 million by March 2021.
It will both catalyse local investment and enable inward investment from development finance Institutions, regional and international investors due to its positioning, track record and high governance standards, Eos Capital said in a statement.
“The Euphrates Fund aims to bring about an agriculture renaissance in Namibia,” the firm said.
“Through its patient and responsible investment into efficient local value chains it will improve food security and provide additional employment and income to farmers, entrepreneurs, and labourers alike,” the firm added.
Eos Capital’s strategy and decision for launching the Euphrates Agriculture fund is to address the challenges faced by the agriculture sector in Namibia, and to focus on boosting its productivity and sustainability by means of an unlisted manager solution.
According to Nicole Maske, the managing partner of Eos Capital: ““Eos Capital’s mission is to contribute to the growth of the Namibian economy and the Agri Fund will take us a step further on this mission. It will be attractive to investors seeking diversification and investing into real assets that provide a hedge against inflation.”
Diverse asset
Agriculture is a diverse asset with a broad range of risk/return profiles and characteristics, offering options and diversification. Euphrates will serve as a catalyst to industrialisation by pursuing quality assets at attractive prices, seeking to maximise returns over the long term, Eos said.
The fund will make equity and quasi-equity investments into unlisted vehicles and target sectors will include agro-processing, distribution and logistics, commercial agriculture, retail, biomass, and manufacturing of chemicals, fertilisers, seeds, animal products and equipment. Itwill invest in agriculture projects with emphasis on economic growth, social upliftment, and job creation.
Frederico Van Wyk, a senior associate at Eos Capital and experienced agriculture sector specialist, believes the sector’s significance is largely because of a potential for growth, through investing into technology and ingenious application of capital.
“This vision can be achieved in Namibia through creating an ecosystem for development between private and public sector,” Van Wyk said.
The fund’s target is to raise N$500 million by March 2021.
It will both catalyse local investment and enable inward investment from development finance Institutions, regional and international investors due to its positioning, track record and high governance standards, Eos Capital said in a statement.
“The Euphrates Fund aims to bring about an agriculture renaissance in Namibia,” the firm said.
“Through its patient and responsible investment into efficient local value chains it will improve food security and provide additional employment and income to farmers, entrepreneurs, and labourers alike,” the firm added.
Eos Capital’s strategy and decision for launching the Euphrates Agriculture fund is to address the challenges faced by the agriculture sector in Namibia, and to focus on boosting its productivity and sustainability by means of an unlisted manager solution.
According to Nicole Maske, the managing partner of Eos Capital: ““Eos Capital’s mission is to contribute to the growth of the Namibian economy and the Agri Fund will take us a step further on this mission. It will be attractive to investors seeking diversification and investing into real assets that provide a hedge against inflation.”
Diverse asset
Agriculture is a diverse asset with a broad range of risk/return profiles and characteristics, offering options and diversification. Euphrates will serve as a catalyst to industrialisation by pursuing quality assets at attractive prices, seeking to maximise returns over the long term, Eos said.
The fund will make equity and quasi-equity investments into unlisted vehicles and target sectors will include agro-processing, distribution and logistics, commercial agriculture, retail, biomass, and manufacturing of chemicals, fertilisers, seeds, animal products and equipment. Itwill invest in agriculture projects with emphasis on economic growth, social upliftment, and job creation.
Frederico Van Wyk, a senior associate at Eos Capital and experienced agriculture sector specialist, believes the sector’s significance is largely because of a potential for growth, through investing into technology and ingenious application of capital.
“This vision can be achieved in Namibia through creating an ecosystem for development between private and public sector,” Van Wyk said.
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